San Francisco-based data infrastructure startup Cribl has raised $319 million in an oversubscribed Series E funding round, led by GV, Google's corporate venture arm. This latest investment values the company at $3.5 billion, marking a significant increase from its Series D valuation two years ago. The round also saw participation from investors such as GIC, CapitalG, and IVP. Cribl, known for its data management and observability software, counts 25 percent of the Fortune 500 as customers and boasts an annual recurring revenue (ARR) of over $100 million. CRV, which has backed Cribl since its seed round in 2019, continues to support the company as it grows. "Cribl can define an entire category as one of the fastest growing infrastructure companies of our time," said Clint Sharp.