Startup profile for Hydrolix: what they do, why they are interesting, stage (growth), industries, and links to our funding articles. Part of the Venture Capital Tracker startup directory.
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Hydrolix

Streaming data lake platform that cuts log-data storage cost and speeds analytics at terabyte scale.

Stage

growth

Status

private

Coverage

full

Overview

Hydrolix builds a streaming data lake for log and observability workloads — combining stream processing, decoupled storage, high-density compression, and indexed search so security, media, and adtech teams query terabytes in real time without paying classic hot-storage prices. Founded in 2018 in Portland by Marty Kagan (ex-Akamai, Cedexis) and Hasan Alayli (ex-Splunk), the company raised an $80M Series C in April 2025 led by QED Investors with Blumberg, Frontline, Pruven, Sozo, and existing backers including Oregon Venture Fund. Total funding exceeds $148M per company and press materials.

Why Hydrolix is interesting

Portland's clearest infra scale-up outside climate hardware: $80M Series C (Apr 2025) led by QED after Oregon Venture Fund backed the 2021 round — proof Oregon seed can graduate into national growth capital on observability economics, not just brand.

Product & use cases

Managed streaming data lake with decoupled storage and indexed search for security, observability, adtech, and AI/ML log analytics.

  • SIEM and security log retention at lower $/GB
  • Observability and AIOps at terabyte scale
  • Media CDN and digital advertising log analytics

Key facts

  • HQ Portland, OR — streaming data lake for log/observability workloads
  • Series C (Apr 2025): $80M led by QED Investors; total funding $148M+ reported
  • Oregon Venture Fund participated from 2021 seed onward
  • ~190 employees (2025 press); plans to double Portland headcount

Fundraising history

Series C

2025-04 $80M

Source: https://hydrolix.io/press/hydrolix-closes-80-million-series-c-to-control-ballooning-log-data-storage-cost-and-boost-analytics-performance-in-the-ai-age-3/

Investors in our directory

Funds linked from Hydrolix's profile — open a fund page for stage focus and related deal articles.

Oregon Venture Fund

Competitive landscape

Edge: Economics-first architecture — compression and decoupled storage attack the cost curve that makes Splunk/Datadog retention painful at scale.

  • Splunk incumbent

    Dominant log platform; Hydrolix competes on storage economics.

  • Datadog adjacent

    Observability suite; Hydrolix targets raw log lake layer.

  • ClickHouse / object-store DIY adjacent

    Roll-your-own stacks; Hydrolix sells managed lake UX.

Industries

Infrastructure & Cloud Enterprise SaaS Cybersecurity

Related funding articles

Venture Capital Tracker pieces that cover Hydrolix's financing or category context.

FAQs about Hydrolix

Practical answers founders, operators, and investors typically search for.

Streaming data lake for log and observability data — faster queries and lower storage cost at terabyte scale.
Portland, Oregon.
QED led the Apr 2025 Series C; Oregon Venture Fund is a directory-mapped early backer.
Rare Oregon infra exit path — OVF seed to $80M+ growth round on observability economics.
Series C; private.
$148M+ per Apr 2025 press and OregonLive coverage.
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Last updated: 2026-07-29