Logz.io Raised $23 Million Series C

Press release published by: https://www.storagenewsletter.com/
This is a Press Release edited by StorageNewsletter.com on 2017.11.27
Source URL: https://www.storagenewsletter.com/2017/11/27/logz-io-raised-23-million-series-c/

Logz.io, provider of AI-powered log analysis, raised $23 million in series C funding led by OpenView Venture Partners, with participation from investors 83North Ltd, Giza Venture Capital and new investor Vintage Investment Partners, bringing total capital raised to-date to $47 million.

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The funding, amidst company growth including more than tripling revenue Y/Y, cements Logz.io’s position as AI-powered log analysis platform. The company also announced the release of two market-transforming capabilities – Data Optimizer and Application Insights – designed to help companies derive more value from machine data.

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