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Sumo Logic Receives $75 Million in recent Funding Round


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Sumo Logic, a cloud-native machine data analytics platform, is receiving a $75 million funding that will lead to the continued growth of Sumo Logic’s business.

This recent round is led by Sapphire Ventures, with participation from new and existing investors including Accel Partners, DFJ Growth, Greylock Partners, Institutional Venture Partners (IVP), Sequoia Capital, Sutter Hill Ventures and others. Sumo Logic has raised a total of $235 million in funding over 7 years. 

 “This investment from Sapphire Ventures and others, along with additional funding by our full investor syndicate, reflects the company’s progress and provides the capital needed to become the dominant SaaS leader in the machine data analytics category,” said Ramin Sayar, president and CEO of Sumo Logic.

The funding will fuel growth across Sumo Logic’s platforms – spanning engineering, sales, and global operations – with an emphasis on extending the platform capabilities of its service to address growing use cases including operational and security analytics, advanced machine learning and IoT.

Since the last funding announcement in June 2015, Sumo Logic’s business has scaled significantly, the platform has gotten more innovative and expanded and more.

Sumo Logic recently welcomed four new leaders to its go-to-market teams: Brian Howie, VP of North America, who joined from five years of sales leadership at AppDynamics; Mukesh Sharma, VP of EMEA, who was most recently VP of EMEA at Puppet; Jabari Norton, VP of Global Channels, who joined most recently from Confluent and MapR; and Cian O’Brien, VP of Global Sales Engineering, who joined from New Relic.

For more information about this news, visit www.sumologic.com


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