Hydrolix has closed an $80 million Series C funding round led by QED Investors, with participation from Blumberg Capital, Frontline Ventures, Pruven Capital, Sozo Ventures, and existing backers including Akamai, AV8 Ventures, Ericsson Ventures, and others. As part of the investment, QED partner and Head of Growth Investments Chuckie Reddy will join Hydrolix’s board of directors.
The funding will be used to amplify Hydrolix’s rapid growth, which includes an eightfold increase in sales over the past year. The Portland-based company offers a high-performance streaming data lake platform that reduces the cost and increases the efficiency of storing and analyzing massive log data volumes, enabling critical use cases in security, compliance, observability, e-commerce, and adtech.
Hydrolix’s go-to-market strategy—highlighted by a white-label partnership with Akamai (TrafficPeak) and recent GTM alignment with Amazon Web Services—has been a major factor in its sales momentum. The company also supports integrations with platforms like Splunk, Databricks, and Kibana, positioning it as a versatile tool across log-intensive industries.
“This round builds on the discovery that 400-plus new Hydrolix customers have made in the past year,” said Marty Kagan, co-founder and CEO of Hydrolix. “Successful global streaming events like the Super Bowl and the Olympics, alongside cloud platform launches like AWS and integrations with ecosystems like Splunk, Databricks and Kibana have greatly expanded our availability and value proposition. This round will help extend Hydrolix availability to additional cloud platforms for the biggest security, observability, adtech and RUM platforms.
“We’ll also expand the sources of data we ingest while giving customers the power to maintain existing interfaces and processes. Hydrolix is radically reducing the cost to store and apply analytics to our customers’ valuable log data, and that’s propelling our tremendous growth,” added Kagan.
Investors bring sector-specific and geographic expertise. QED adds strong fintech ties; Pruven brings access to insurance, real estate, and healthcare sectors; and Sozo and Frontline Ventures are expected to deepen Hydrolix’s presence in Asia and Europe. Already, over 40% of Hydrolix’s revenue comes from international markets.
Hydrolix serves clients like Navy Federal Credit Union for compliance and security, and powers real-time analytics during major streaming events such as the Super Bowl broadcast on FOX Sports. The company operates as a fully distributed organization, with staff across 12 time zones and a mission to radically reshape how log data is stored and analyzed at scale.






