Advanced searches left 3/3
Search only database of 12 mil and more summaries

Logzio

Summarized by PlexPage
Last Updated: 18 January 2022

* If you want to update the article please login/register

General | Latest Info

Logz.io

TypePrivately held company
IndustryComputer software , Enterprise software
Founded2014
HeadquartersBoston and Tel Aviv, Israel
Key peopleTomer Levy (cofounder & CEO), Asaf Yigal (cofounder & VP Product)
ServicesLog Management and Intelligence , Log Analysis
Number of employees200+
Websitelogz .io
Twitter@logzio
Facebooklogz.io

Io announce $52 Series D Investment today. Round Was Led By General Catalyst. Other investors participating in round include OpenView Ventures, 83North, Giza Venture Capital, Vintage Investment Partners, Greenspring Associates and Next47. Today's investment brings total raise to nearly $100 million, according to Crunchbase data. Logz. Io is company built on top of open-source tools Elasticsearch, Logstash and Kibana and Grafana. It taking those tools in typical open-source business approach, packaging them up and offering them as service. This approach enables large organizations to take advantage of these tools without having to deal with open-source projects. Company solutions scan logs looking for anomalies. When IT finds them, IT surfaces problem and informs IT or Security, depending on scenario, using tool like PagerDuty. This area of market has been dominated in recent years by vendors like Splunk and Sumo Logic, but company founder and CEO Tomer Levy saw chance to disrupt that space by packaging set of open-source logging tools that were rapidly increasing in popularity. They believe they could build on that growing popularity, while solving pain points founders had actually experienced in previous positions, which is always good starting point for startup idea. We saw that majority of market is actually using open source. So we say, we want to solve this problem, problem we have faced in past and didnt have solution. What were going to do is were going to provide you with easy-to-use cloud service that is offering open-source compatible solution, Levy explain. In other words, they want to build on open-source idea, but offer IT information form that is easier to consume. Larry Bohn, who is leading Investment for General Catalyst, says that his firm likes idea of companies building on top of open source because IT provides build-in community of developers to drive startups growth and IT appears to be working. Numbers Here Were Staggering In Terms Of How Quickly People Were Adopting This And How Quickly IT Was Growing. It was very clear to us that company was enjoying great success without much commercial orientation, Bohn explain. In fact, logz. Io already has 700 including large names like Schneider Electric, Economist and British Airways. Company Has 175 Employees Today, But Levy Says They Expect To Grow That By 250 By End Of This Year, As They Use This Money To Accelerate Their Overall Growth.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Sources

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

logo

Plex.page is an Online Knowledge, where all the summaries are written by a machine. We aim to collect all the knowledge the World Wide Web has to offer.

Partners:
Nvidia inception logo

© All rights reserved
2022 made by Algoritmi Vision Inc.

If you believe that any of the summaries on our website lead to misinformation, don't hesitate to contact us. We will immediately review it and remove the summaries if necessary.

If your domain is listed as one of the sources on any summary, you can consider participating in the "Online Knowledge" program, if you want to proceed, please follow these instructions to apply.
However, if you still want us to remove all links leading to your domain from Plex.page and never use your website as a source, please follow these instructions.