Tuesday, January 31, 2012

Sumo Logic Gets $15M

Mountain View-based Sumo Logic, which develops log management and analytics software for the enterprise IT market, disclosed today that it has raised $15M in a Series B funding round. The firm said the funding was led by Sutter Hill Ventures, and also included Greylock Partners and angel Schlomo Kramer. The company said the funding goes towards engineering and go-to-market. Sumo Logic was founded by Christian Beedgen and Kumar Saurabh, formerly of ArcSight. The company said it has now raised a total of $20.5M. More information »