CtrlB raises $2.5 million seed funding from Chiratae Ventures

The company announced on Thursday, November 20 that CtrlB has secured $2.5 million in seed funding from Chiratae Ventures, along with participation from other funds, to make “large-scale observations faster, simpler, and dramatically more cost efficient.”

The integrated data platform plans to expand its presence in India and the US, while also building stronger partnerships with the cloud and DevOps ecosystem and enhancing its customer success functions to drive faster adoption.

“This investment will allow us to strengthen our platform, deepen R&D, and serve enterprises that need high-performance observability at scale,” said Adarsh ​​Srivastava, co-founder and CEO of CtrlB.

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The funding will also help CtrlB obtain enterprise certifications including SOC 2 and ISO 27001, as well as file patents for its core indexing and compression technology.

Other funds participating in the equity round were Equirus, InnovateX Fund, Campus Fund and Point One Capital, CtrlB said in a statement.

“Our customers want better speed, better economics and simpler operations. With this round, we are working on improving our customer experience from onboarding to performance and reliability,” Srivastava said.

CtrlB’s platform provides tools for management, monitoring, in-stream analysis and real-time debugging on data for immediate insight into an organization’s production environment and rapid problem resolution. It also aims to reduce data storage costs and increase efficiency to handle large amounts of IT and security data.

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Sundar Nookkala, Partner, Equirus InnovateX Fund (EIF), said, “With the ever-increasing data bloat due to MELT, there is a gap for efficient ways to ingest petabytes of data at low cost and the fastest way to query such ingested data. We are very excited to partner with CtrlB because of its proprietary probabilistic indexing and compression algorithms as well as through StorageCompute. Precisely solves the ingest-storage-query trinity with a massively compute-decoupled design.”

Expressing strong confidence in the company’s architecture, Venkatesh Peddi, Managing Director, Chiratae Ventures, said, “With storage and retrieval of telemetry data improved by 10x, enterprises will now be able to create broader visibility and increase speed at the same time.”

CtrlB plans to grow its team to 50-60 members in distributed systems, DevOps, solution architecture and US based sales.