Sumo Logic keeps bringing in the dough.
The data analytics startup has pulled in another $30 million in funding, bringing its total to $80.5 million, the company announced this morning. It previously raised $30 million in a late 2012 funding round.
Sumo Logic provides analysis of log data across a business’s apps, servers, network, and other IT infrastructure — regardless of whether it runs on Amazon Web Services, a private cloud, or comes from a customer app.
“As long as it has a time stamp on it, it doesn’t matter to us,” said Sanjay Sarathy, the company’s head of marketing.
Sumo Logic aims to replace traditional log management systems with its cloud-based software. It helps administrators track log data in real time, bringing them digestible information about their whole environment.
The company’s LogReduce sorting system uses machine learning to filter log file data into patterns. That way, customers can find and squash issues before they become major problems — even if they’re not searching for a solution in the first place.
If you’re an IT manager and see some errors in a Java application running across your system, for example, it might take you hours to find the source of the problem. You might have to wade through 50,000 log messages from just a two-minute period.
Sumo Logic, by contrast, can look through messages it sees across your infrastructure — instantly — including those coming from the Apache web server and the Linux OS it runs on top of. It might find the problem is not actually from the Java application but from a faulty process in a Linux server that affects the app.
Within the last year, the startup has built and launched integrations with Amazon Web Services, Akamai, and ServiceNow to provide its customers additional accessibility and functionality across those services.
Sumo Logic launched its service in February 2012. It is highly competitive with log management service Splunk, which has declined about 60% in value since February. Analysts have cited Sumo Logic’s offering as a major factor in that decline.
Sequoia Capital led the new $30 million funding round in Sumo Logic. Existing investors Greylock Partners, Sutter Hill Ventures, and Accel Partners also participated in the round.
Sequoia Capital is a venture capital firm specializing in seed stage, early stage, and growth stage investments. The firm invests in all sectors with a focus on energy, financial services, healthcare services, internet, mobile, outsour... read more »
Sumo Logic is the next generation log management and analytics company that leverages Big Data for real-time IT insights. The company's cloud-based service provides customers with real-time interactive analytics at unprecedented petaby... read more »
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