Logz.io, a Tel Aviv, Israel- and NYC-based provider of a predictive log analytics cloud service, raised $8M in Series A funding.
The company intends to use the funds for additional product development and building sales, marketing, and support teams.
Led by Tomer Levy and Asaf Yigal, Logz.io offers an open source enterprise-grade log analytics cloud service, coupled with advanced machine-learning techniques. The company has pre-launched with hundreds of companies worldwide. Existing users include Playbuzz, Asurion/Soluto, BigPanda, Mirakl and Applicaster, among others.