Graylog, a Houston, TX-based provider of next-generation log management solutions, raised $18m in growth equity funding.
The round was led by new investor Harbert Growth Partners and co-investor Piper Sandler Merchant Banking with participation from existing investors Mercury Fund, High-Tech Gruenderfonds (HTGF), and Integr8d Capital.
The company intends to use the funds to accelerate growth plans and enhance its solutions.
Graylog continued to grow rapidly during the challenging business climate over the last year. The company recently expanded its European operations and won several awards, including Editor’s Choice for SIEM from Cyber Defense Magazine and the 2021 Gold Stevie Award for DevOps Solutions.
Led by Andy Grolnick, CEO, Graylog provides a centralized log management solution built for speed and scale in capturing, storing, and enabling real-time analysis of terabytes of machine data. The solution enables hundreds of thousands of users to explore their data every day to solve security, compliance, operational, and application development issues. It currently has more than 50,000 installations worldwide.
FinSMEs
24/06/2021