Founded in 2010 and based in Redwood City, Calif., Sumo Logic provides a cloud-native machine data analytics service that delivers real-time, continuous intelligence from structured, semi-structured and unstructured data across the entire application lifecycle and stack. The company is led by president and CEO Ramin Sayar. It intends to use new funding to accelerate engineering, sales and global operations and to extend the platform analytics capabilities of its service. Those expanded capabilities are aimed at addressing operational, security and business requirements as customers adopt multi-cloud and hybrid-cloud infrastructure, architecture, tools and processes. Sumo Logic reports a valuation of over $1 billion, more than $100m in FY19 revenue, over 2,000 customers and more than 100,000 users worldwide, including customers such as Airbnb, Pinterest, Samsung SmartThings and Adobe. Sumo Logic is a cloud-based log and machine-data analytics platform that helps customers monitor log, event and time-series data for security, threat detection and operational visibility. The company processes roughly 100 petabytes of data every day and applies machine learning to help customers surface patterns and insights. Sumo reports about 1,500 paying customers and 30,000 active daily users. It positions itself as a pure cloud solution and plans to expand into Internet of Things monitoring using proceeds from the new funding. The company views application performance management (APM) as a logical extension of its product set, though no timeline was provided. Named customers include Zuora, Toyota, Airbnb and Delta; competitors cited are Splunk, Loggly and LogRhythm. Sumo Logic is a cloud-native machine data analytics platform based in Redwood City, CA. Led by Ramin Sayar, it provides a cloud-based machine data analytics service to help users gain instant insights across DevOps, IT ops, compliance and security environments. The platform aggregates machine data to support monitoring, analytics and troubleshooting for enterprise teams. Sumo Logic serves over 500 enterprise customers, including Medallia, WebJet, Betfair, PagerDuty, JetBlue, McGraw-Hill and GoGo Inflight. The company has raised a total of $160.5M to date and plans to use the new funds to grow engineering, sales and global operations. Its product and growth focus are aimed at expanding usage among large enterprise IT and DevOps organizations. Sumo Logic provides a cloud-based analytics platform that leverages Big Data to deliver real-time insights for IT operations, application management, and security and compliance teams. The company is led by CEO Vance Loiselle and serves customers including GoGo Inflight, McGraw-Hill, Medallia, Netflix, Orange and SolarCity. It plans to use new funding to expand geographically into EMEA and the Asia Pacific regions, to develop go-to-market initiatives, and to add technical functionality to the platform. Financially, Sumo Logic raised $30M in this round and has now raised a total of $80.5M. The company is based in Redwood City, California. Sumo Logic offers a cloud-based, elastic petabyte-scale platform that collects, manages and analyzes enterprise log data to surface operational and security insights in real time. Its Elastic Log Processing architecture and LogReduce adaptive algorithms are designed to process and reduce millions of log lines into patterns and enable interactive forensics, push analytics, and real-time dashboards. The service can analyze petabytes of log data per day and is offered as a SaaS with a free tier to enable startup access. Less than a year after public launch the company closed several large-scale enterprise deals, including with Netflix. The founders, Christian Beedgen and Kumar Saurabh, started the company in 2009 to address costly on-premise log management solutions. Sumo Logic faces competition from Splunk and is using recent funding to expand R&D, sales, and broaden its customer base in North America and internationally.

Total raised

$340M

Funding rounds

6

Latest round

Series G

Latest activity

May 2019