Portland-based streaming lake provider Hydrolix, the streaming data lake company transforming the economics of log data for observability, security, and media performance, has unveiled both superior financial and channel numbers
In the past year, Hydrolix has powered real-time observability for the FOX coverage of the Super Bowl, the 2024 Paris Olympics, the 2025 FIFA Club World Cup, and some of the world’s largest cricket tournaments. Hydrolix is also fresh off an $80M Series C funding round. All of this delivered sub-second query speeds across billions of records and petabyte-scale telemetry, and all at a fraction of the cost of traditional platforms.
“We built this to handle the growing tide of login data,” said Antony Falco, VP of Marketing at Hydrolix. “We can deliver at a fraction of the cost, and can find and fix issues. We can also do it in seconds. Others take minutes or hours. We were able to take batch data – whether from FIFA or FOX – combine them in a single view, and do alerts in seconds. We were able to handle 17 million events per second on FOX. Datadog or New Relic can’t keep up. The key is that we built them specifically where logs are going, so we were able to focus on logs and performance and costs.”
Hydrolix has a card up its sleeve to get these results.
“The issue is the design of our system, which is S3 object storage,” Falco said. “We take the cheapest possible storage and then compress it 50 times. We can do this because of our laser focus on logs. The way that logs are stored and queried, we only pull back small slices of the data that answer the question. We only pull back the exact answer, rather than using memory and compute resources.”
In a little more than 2 years, Hydrolix went from 5 to 600 customers.
“We have been growing at a healthy clip because we save money with compression,” Falco noted.
Over the past year, the streaming data lake company has emerged as a breakout player in AI-driven cloud observability and log analytics, expanding its partner ecosystem, securing major industry awards, and supporting some of the world’s largest streaming events with real-time observability at scale. Hydrolix is right for you if you need to store a billion or more log lines a day, your data is immutable and you need to keep your data “hot” for a year, not a month.
So what is the $80 million Series C money being spent on?
“A lot has been going to product people, including acquisitions,” Falco said. “There will be more acquisitions coming up. The biggest use there will be to grow the team to support more data types, and as we grow we will integrate with more security companies.”
These deep relationships with cloud and platform leaders include Akamai’s TrafficPeak powered by Hydrolix, which has now surpassed 500 customers, with Akamai naming Hydrolix its 2024 North America QCP Partner of the Year. Hydrolix also expanded its integrations with Amazon Web Services (AWS), including support for AWS Elemental Media Services and DataZoom, enabling real-time visibility into video quality and ad performance for streaming providers.
“Over the last year, we also added EMR Azure, AWS, Databricks, ElasticSearch on Azure – the list goes on, because we will onramps into our system, and add more and more solutions around specific types,” Falco indicated.
“The plan is not to sprinkle AI over everything, but to focus on integration with Databricks and other systems,” Falco stated. “We function best if we can keep Splunk logs and store the most expensive. We can save customers money on the growing part of their bill which is logs. Splunk costs a lot more. We eliminate the cost pressure that forces them to compromise.”
Falco said that Hydrolix needs dashboards ready to go.
“We are very focused in channel sales with companies like Akamai, AWS, and gaming and media distribution,” he said. “When we started our first channel relationship in the summer of 2023, we went from 5 partners to 600. Still partner selling has a way to go, even though they have the relationships. 99% of our growth has been channel.”
Hydrolix has a variety of partner types.
“We have traction with big partners, and that is the expansion of an already established value chain,” Falco said. “We also have many partnerships with smaller reseller partners. Partners and channels plus events are driving revenue growth, and the changes to our board reflect this.”