Israeli tech company Coralogix on Thursday announced a $30 million investment for expanding into India, driven primarily by the data localisation compliance requirements for its customers.
The company, provider of machine learning-powered log analytics and monitoring solutions, said it will provide customers with its first local Amazon Web Services (AWS) server support through its Mumbai region and data storage capabilities.
In a statement, the company said customers can meet compliance requirements for India's new data privacy laws with data localisation, and improve service performance.
Its Chief Executive and co-founder Ariel Assaraf said the $30-million investment will be done over a