28
Aug
Cribl Inc., a startup with a suite of data management tools for enterprises, has closed an oversubscribed late-stage investment worth $319 million. The Series E deal, which was announced this morning, included $200 million in equity funding and a $119 million secondary sale. Alphabet Inc.’s GV startup investment arm was the lead investor. CapitalG, another Alphabet-operated venture fund, participated as well along with GIC, IVP and CRV. “Every company must modernize its data stack as legacy systems already can’t handle today’s rapid data growth, and the arrival of AI further accelerates the need for a modern data platform,” said GV…