Loggly is a San Francisco-based, enterprise-class, cloud-based log management solution provider led by CEO Charlie Oppenheimer. Its platform aggregates logs into a central place and turns large amounts of log data into real-time insights. The company serves more than 2,000 customers across gaming and entertainment, consumer services, technology, marketing and finance platforms. Loggly raised $11.5M in funding in a round led by True Ventures with participation from Matrix Partners, Cisco, Trinity Ventures, Harmony Partners and Data Collective Venture Capital. It intends to use the proceeds to continue to innovate its product and to expand sales and marketing activities. The announcement was reported by FinSMEs on 14/06/2016. Loggly provides a cloud-based, enterprise-class log management solution used by more than 5,000 customers to spot problems in real time, pinpoint root causes and resolve issues to ensure application success. The company plans to use new funding to continue accelerating and to develop new capabilities and partnerships. Loggly secured growth financing to expand its product and partner ecosystem while scaling operations. It was founded in 2009 by Charlie Oppenheimer, who serves as CEO, and is based in San Francisco, CA. Financially, the company has now raised $33.4M in total across prior rounds and the current financing. Loggly is a San Francisco–based SaaS provider that collects machine data from servers, network routers, storage devices and other sources and presents it via visually rich, real-time dashboards. The company today launched its "Generation 2" service with a new user interface, analytical tools, scaled-out architecture, point-and-click trend graphs, automated event parsing, search, filtering, grid views, alerts and customizable dashboards. Loggly targets cloud-centric customers such as SaaS providers, e-commerce, gaming, mobile and advertising companies that generate very high log volumes (the article notes some companies can produce as much as 15 billion events per day). It positions itself against legacy log-search providers like Splunk by emphasizing a SaaS architecture, visualization and automation rather than on-premises software deployments. The company leverages open-source analytics technologies such as Kafka and Storm to handle scale. Financially, Loggly has raised $10.5M in the latest financing from new investors and has total investment of $20.9M to date. The company models itself after New Relic and has ties to Trinity Ventures through partner Dan Scholnick; CEO Charlie Oppenheimer said the company has transformed its approach to differentiate from competitors. Loggly offers a cloud-based Software-as-a-Service log management platform that collects and analyzes machine data from any application source, including cloud-based, on-premise, and mobile. The company emphasizes simplicity, speed and scale, and says its system indexes more data than Twitter. Loggly has grown to 2,500 customers in two years and is based in San Francisco. The company plans to use new funding to expand its team and accelerate growth. Loggly's team includes co-founder and Chief Search Officer Jon Gifford and veterans from Splunk and LookSmart; the company recently appointed Charlie Oppenheimer as CEO and Jim Nisbet as CTO and VP of engineering. Loggly is backed by True Ventures, Trinity Ventures and Matrix Partners. Loggly is a San Francisco, CA-based startup that provides log file management for cloud services. The company offers a scalable, easy-to-use log management service aimed at system administrators, application developers and data analysts. Loggly closed a $4.2M Series B financing. The round was led by Trinity Ventures, with participation from True Ventures. True Ventures had previously led the company’s initial seed funding. The company aims to build and scale its log management service for cloud environments.

Total raised

$47M

Funding rounds

5

Latest round

Equity

Latest activity

Jun 2016