What is Sumo Logic?
Sumo Logic operates as a premier software-as-a-service (SaaS) analytics platform designed to empower digital businesses. By providing real-time, machine data analytics, the company enables organizations to ensure application reliability, bolster security postures, and gain actionable insights into their cloud infrastructure. Its multi-tenant, cloud-native architecture is purpose-built to handle the scale and velocity of modern digital applications, positioning Sumo Logic as a critical partner for enterprises undergoing digital transformation. The platform bridges the gap between observability and security, allowing teams to proactively manage performance and mitigate threats in real-time.
How much funding has Sumo Logic raised?
Sumo Logic has raised a total of $671.5M across 8 funding rounds:
Series A
$5.5M
Series B
$15M
Series C
$30M
Series D
$30M
Series E
$80M
Series F
$75M
Unspecified
$110M
Stock Offering
$326M
Series A (2010): $5.5M with participation from Greylock Partners
Series B (2012): $15M led by Greylock Partners, Shlomo Kramer, and Sutter Hill Ventures
Series C (2012): $30M supported by Greylock Partners, Sutter Hill Ventures, and Accel
Series D (2014): $30M featuring Steamboat Ventures, Accel Partners, Greylock Partners, and Sutter Hill Ventures
Series E (2015): $80M backed by Sutter Hill Ventures, Draper Associates, Steamboat Ventures, Greylock Partners, and Accele Partners
Series F (2017): $75M with participation from Greylock Partners, Sapphire Ventures, Sutter Hill Ventures, Accel, Draper Fisher Jurvetson (DFJ), and Steamboat Ventures
Unspecified (2019): $110M led by Franklin Templeton Investments, Battery Ventures, and TriplePoint Venture Growth BDC
Stock Issuance/Offering (2020): $326M, investors not publicly disclosed
Key Investors in Sumo Logic
Greylock Partners
83North is a global venture capital firm managing over $2.2 billion, investing in exceptional entrepreneurs at all stages to build category-leading companies.
Sutter Hill Ventures
Sutter Hill Ventures is a leader in financing technology-based start-ups, providing significant operating experience and strategic guidance to help companies reach market-leading status.
Steamboat Ventures
Steamboat Ventures focuses on helping young companies become market leaders by investing in early to growth stage firms within the technology, media, and consumer sectors.
What's next for Sumo Logic?
With a robust history of financing and a clear market position, Sumo Logic is well-positioned to leverage its recent capital injection to accelerate product innovation and expand its footprint in the enterprise sector. The company's strategic focus will likely center on deepening its observability capabilities and enhancing its security analytics suite to address the evolving needs of cloud-native environments. As digital businesses continue to prioritize resilience and data-driven decision-making, Sumo Logic's platform remains a vital component for maintaining competitive advantage and operational excellence in the cloud era.
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