{"id":17215,"date":"2019-05-09T16:37:55","date_gmt":"2019-05-09T15:37:55","guid":{"rendered":"https:\/\/www.devopsonline.co.uk\/?p=17215"},"modified":"2019-05-09T16:37:55","modified_gmt":"2019-05-09T15:37:55","slug":"sumo-logic-completes-110-million-funding-round","status":"publish","type":"post","link":"https:\/\/devopsnews.online\/sumo-logic-completes-110-million-funding-round\/","title":{"rendered":"Sumo Logic completes $110 Million funding round"},"content":{"rendered":"<p>Cloud-native, machine data analytics platform, Sumo Logic, has announced a $110 million (\u00a384.5m) funding round led by Battery Ventures, with contributions from new investors including Tiger Global Management and Franklin Templeton, as well as participation from existing investors.<\/p>\n<p>Sumo Logic helps DevOps team understand how their applications are running, whether they are secure, and to provide information and analysis out to the rest of the business.<\/p>\n<p>Ramin Sayar, president and CEO, <a href=\"https:\/\/www.sumologic.com\">Sumo Logic<\/a>, said: &#8220;Sumo Logic\u2019s growth is driven by the shift to digital business and cloud adoption across all industries and companies of all sizes.<\/p>\n<p>&#8220;We have proven that we are the platform of choice for not only cloud-native companies, but also enterprise companies and their cloud migration initiatives. It&#8217;s great to have such a powerful set of leading investors and ecosystem partners as we accelerate our category leadership.&#8221;<\/p>\n<p>The new investments will continue to fuel Sumo Logic\u2019s business, with an emphasis on extending the platform analytics capabilities of its service. These new capabilities address the operational, security and business requirements of businesses as they adopt new multi-cloud and hybrid-cloud infrastructure, architecture, tools, and processes.<\/p>\n<p>Dharmesh Thakker, general partner, Battery Ventures, said: &#8220;We have been tracking the Sumo Logic team for some time, and admire the company\u2019s early understanding of the massive cloud-native opportunity and the rise of new, modern application architectures.&#8221;<\/p>\n<p>Jonathan Curtis, Vice President, Franklin Templeton, said: &#8220;We are excited to join Sumo Logic at this important moment in the industry-wide transition to cloud computing. As the only cloud-native DevSecOps platform built to address the challenges of digital businesses, we believe Sumo Logic is well positioned to capture a significant share of its market.&#8221;<\/p>\n<p>Since the last funding round in June 2017, Sumo Logic\u2019s business has scaled significantly as a result of its focused multi-year growth strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cloud-native, machine data analytics platform, Sumo Logic, has announced a $110 million (\u00a384.5m) funding round led by Battery Ventures, with contributions from new investors including Tiger Global Management and Franklin Templeton, as well as participation from existing investors. Sumo Logic helps DevOps team understand how their applications are running, whether they are secure, and to&#8230;<\/p>\n","protected":false},"author":15,"featured_media":17219,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","pmpro_default_level":"","footnotes":""},"categories":[3239,93],"tags":[3340,67,27,2516],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sumo Logic completes $110 Million funding round - DevOps Online North America<\/title>\n<meta name=\"description\" content=\"Cloud-native, machine data analytics platform, Sumo Logic, has announced a $110 million (\u00a384.5m) funding round led by Battery Ventures, with contributions\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/devopsnews.online\/sumo-logic-completes-110-million-funding-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sumo Logic completes $110 Million funding round - DevOps Online North America\" \/>\n<meta property=\"og:description\" content=\"Cloud-native, machine data analytics platform, Sumo Logic, has announced a $110 million (\u00a384.5m) funding round led by Battery Ventures, with contributions\" \/>\n<meta property=\"og:url\" content=\"https:\/\/devopsnews.online\/sumo-logic-completes-110-million-funding-round\/\" \/>\n<meta property=\"og:site_name\" content=\"DevOps Online North America\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-09T15:37:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/devopsnews.online\/wp-content\/uploads\/2019\/05\/sean-pollock-203658-unsplash.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1365\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Barnaby Dracup\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DevOpsAmerica\" \/>\n<meta name=\"twitter:site\" content=\"@DevOpsAmerica\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Barnaby Dracup\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/devopsnews.online\/sumo-logic-completes-110-million-funding-round\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/devopsnews.online\/sumo-logic-completes-110-million-funding-round\/\"},\"author\":{\"name\":\"Barnaby Dracup\",\"@id\":\"https:\/\/devopsnews.online\/#\/schema\/person\/712b56802bd9902d01037a7124d8d85d\"},\"headline\":\"Sumo Logic completes $110 Million funding round\",\"datePublished\":\"2019-05-09T15:37:55+00:00\",\"dateModified\":\"2019-05-09T15:37:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/devopsnews.online\/sumo-logic-completes-110-million-funding-round\/\"},\"wordCount\":308,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/devopsnews.online\/#organization\"},\"image\":{\"@id\":\"https:\/\/devopsnews.online\/sumo-logic-completes-110-million-funding-round\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/devopsnews.online\/wp-content\/uploads\/2019\/05\/sean-pollock-203658-unsplash.jpg\",\"keywords\":[\"Business funding\",\"DevOps\",\"software\",\"Sumo Logic\"],\"articleSection\":[\"News\",\"Product news\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/devopsnews.online\/sumo-logic-completes-110-million-funding-round\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/devopsnews.online\/sumo-logic-completes-110-million-funding-round\/\",\"url\":\"https:\/\/devopsnews.online\/sumo-logic-completes-110-million-funding-round\/\",\"name\":\"Sumo Logic completes $110 Million funding round - 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