Humio Secures $9M in Series A Funding

humioHumio, a provider of a solution enabling live observability through scalable log management, available for on-premises and cloud infrastructures, raised $9m in Series A funding.

The round was led by Accel. In conjunction with the funding, Andrei Brasoveanu, Accel, will join Humio’s board.

The company intends to use the funds to grow its ability to fulfill demand from across global markets and expand the development of its unique platform.

Founded in January 2016 by Christian Hvitved, Kresten Krab Thorup, and Geeta Schmidt, CEO, Humio provides a solution enabling real-time observability through log data management. Deployable on any infrastructure including both in the Cloud and On-Premises, Humio enables data aggregation, exploration, reporting and analysis from a range of sources ingesting massive volumes of log data instantly. Its innovative data storage and in-memory search/query engine technologies provide customers a log management and analysis solution, requiring less hardware and engineering resources.
Customers are large organizations representing numerous industries including financial services, online retail, communications and cloud-based service providers such as Bloomberg, Microsoft, Netlify, Lunar Way, SpareBank 1, On the Dot, and Logibec.
Humio has offices in London, San Francisco, and Aarhus, DK.

FinSMEs

24/01/2019

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