Loggly Lands $10.5M

San Francisco-based Loggly, which develops a cloud-based, log management service aimed at helping IT operations better manage their systems, has raised $10.5M more in a funding round. According to Loggly, the funding came from Trinity Ventures, True Ventures and Matrix Partners, along with Cisco and Data Collective. The firm said the funds will go to support its rapid growth. Loggly captures the vast amount of logging data from applications and systems and helps those companies capture, analyze, monitor and report on that log data. More information »