Business Standard

Coralogix to invest $30 mn in India to meet data localisation norms

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

fdi
Premium

The company is rolling out an onsite team to provide comprehensive sales and customer success support to India-based companies, it added.

Press Trust of India Mumbai
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

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in