Loggly Obtains $5,700,000 New Funding

  • Feed Type
  • Date
    7/17/2012
  • Company Name
    Loggly
  • Mailing Address
    78 1st St. Second Floor San Francisco, CA 94105
  • Company Description
    Loggly provides log aggregation, storage, search, alerting, and reporting in a SaaS (software as a service) model for companies who maintain Web based applications. Loggly provides developers with a simple, intuitive, Web based UI, from which they can quickly search large numbers of log files. Loggly’s interface is optimized for dealing with large amounts of events from multiple sources and types of applications. The search interface itself is geared toward developers and admins, and provides a high data density layout which compliments the Web app development process.
  • Website
    http://www.loggly.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,700,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new funding will be used to expand the team and accelerate its rapid growth that has seen its business surge to 2,500 customers in just two years.
  • M&A Terms
  • Venture Investor
    True Ventures
  • Venture Investor
    Trinity Ventures
  • Venture Investor
    Matrix Partners

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