HomeIsraelLogz.io Raises $52M in Series D Funding

Logz.io Raises $52M in Series D Funding

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logzLogz.io, an intelligent and scalable machine data analytics platform based on open source ELK and Grafana, raised $52m in Series D funding.

The round was led by General Catalyst with participation from OpenView Ventures, 83North, Giza Venture Capital, Vintage Investment Partners, Greenspring Associates and Next47.

The company intends to use the funds to further develop and enhance its product offering, increase their global presence and invest in its partner ecosystem.

Founded in 2014 by Tomer Levy, CEO, Logz.io combines cloud-native simplicity and scalability with crowdsourced artificial intelligence to help engineers identify critical issues before they occur and enable them to monitor, troubleshoot and secure mission-critical applications using one unified platform.

Originally built to enhance ELK by adding increased cloud scalability, a variety of enterprise-grade features and machine learning capabilities, the company has expanded their open source offering by adding new products for security analytics based on Kibana and announced the upcoming time-series analytics using Grafana. It recently announced a partnership with Microsoft Azure enabling customers to use open-source ELK on Azure. In addition, Logz.io recently expanded their AWS regional coverage across North America, Europe, and Australia.

The company now serves more than 700 customers such as Unity, British Airways, Bleacher Report, Symantec, and Schneider Electric.
It has offices in Tel Aviv and Boston and recently opened their European headquarters in London.

FinSMEs

30/05/2019