Loggly Raises $5.7M

Loggly, a San Francisco, CA-based provider of online log management solutions, has raised $5.7m in funding.

Backers include True Ventures, Trinity Ventures, and Matrix Partners.

The company intends to use the capital to expand the team.

Led by newly appointed CEO and vice president of engineering Charlie Oppenheimer and chief technology officer Jim Nisbet, Loggly provides a Software-as-a-Service solution (Saas) log management service. Used by online businesses to simplify log management and investigate brewing issues and trends, it collects and analyzes machine data from any application source including cloud-based, on-premise, and mobile.

The company serves over 2,500 customers.

FinSMEs

17/07/2012

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