Tuesday, June 14, 2016

Loggly Gets $11.5M For Log Management Software

San Francisco-based Loggly, a developer of cloud-based, enterprise log management sdoftware, has raised $11.5M more in funding, the company announced this morning. The new funding was led by True Ventures, and also included Matrix Partners, Cisco, Trinity Ventures, Harmony Partners and Data Collective Venture Capital. The company said the new funds go towards innovation and expanding sales and marketing activities. Loggly is led by Charlie Oppenheimer; the company said it just reached 2,000 paid customer accounts. Loggly has now raised $28.2M in total. More information »