{"id":1136,"date":"2015-06-02T10:56:07","date_gmt":"2015-06-02T14:56:07","guid":{"rendered":"https:\/\/solutionsreview.com\/business-intelligence\/?p=1136"},"modified":"2016-10-04T11:03:41","modified_gmt":"2016-10-04T15:03:41","slug":"sumo-logic-analyzes-all-the-big-data-gets-80m-in-funding","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-intelligence\/sumo-logic-analyzes-all-the-big-data-gets-80m-in-funding\/","title":{"rendered":"Sumo Logic Analyzes All the Big Data; Gets $80M in Funding"},"content":{"rendered":"

\"Sumo<\/a><\/p>\n

Sumo Logic<\/a>, an industry leader in cloud-based machine data analytics, yesterday announced a Series E funding round<\/a> worth $80 million. The company, which has over 500 enterprises clients, many of which are widely recognizable, offers organizations the ability to gain insights from growing pools of machine data within their environments. Sumo Logic’s solution deals with the biggest of big data and aims to give businesses access to proactive analytics to improve their operations.<\/p>\n

This funding round was procured by Institutional Venture Partners (IVP), Greylock Partners, Sequoia Capital, Sutter Hill Ventures, and Accell Partners. In total, Sumo Logic has raised $160.5 million in total since January of 2012. This newfound wealth will be spilled into the company’s engineering, sales, and global operations departments.<\/p>\n

Ramin Sayar, President & Ceo at Sumo Logic explained: “The growth of software-centric business models has transformed the process of innovation\u00a0from static release and upgrade cycles to a model for continuous innovation and delivery. Thousands of users rely on the Sumo Logic\u00a0service every day to yield real-time data insights that support the ongoing innovation needed to\u00a0deliver always-on, secure services and applications that are the foundation for great end-customer experiences.<\/p>\n

Check out this product overview of the Sumo Logic service, courtesy of the company’s YouTube channel:<\/p>\n