Sumo Logic Lands New Funding Round

  • Feed Type
  • Date
    6/1/2015
  • Company Name
    Sumo Logic
  • Mailing Address
    305 Main Street Redwood City, CA 94063 USA
  • Company Description
    Our purpose-built Cloud-native service has scaled and our amazing team is focused on delivering data-driven insight to enterprises worldwide. Our mission is to enable businesses to harness the power of machine data to improve their operations and deliver outstanding customer experience at Enterprise scale.
  • Website
    http://www.sumologic.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funding will fuel growth across the business, spanning engineering, sales and global operations. Headcount, which increased by 250 percent year-over-year, is expected to double to approximately 400 employees within the next year to support the explosion in customer demand.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor

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