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Sumo Logic Raises $110 Million At $1B Valuation

by businessinsider.com posted 1week ago 11 views
Cloud analytics platform Sumo Logic has raised $110 million in a round led by Battery Ventures, the company announced Wednesday. This round values the startup above $1 billion. Sumo Logic helps developers secure their cloud software. It gives them visibility into cloud platforms, including Amazon Web Services, Microsoft Azure and Google Cloud. This makes Sumo Logic the latest unicorn in enterprise tech — a space that saw two major IPOs in April with PagerDuty and Zoom.

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