Headquarters: San Francisco
CEO: Charlie Oppenheimer
New Funding: $10.5 million
Backers: Cisco, Data Collective Venture Capital, Trinity Ventures, True Ventures, Matrix Partners
Loggly is a rapidly growing cloud-based log management service that has achieved a new round of funding after increasing its business by five times over the past year. The business is capitalizing on analyzing the large amount of log data created as more businesses move into the cloud, according to a company press release. The latest round of funding brings the company's venture capital total to $20.9 million. The company plans on using the new capital to further grow the company.