Venture Capital

Sumo Logic Raises $110M To Orchestrate Cloud Apps With Ai

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There’s an enormous market for log management software, one potentially worth $1.2 billion by 2022. It’s not all that surprising — demand for products that automate the orchestration of labyrinthine systems won’t likely decline anytime soon. And most log-tracking solutions don’t require significant infrastructural changes to implement, which no doubt appeals to DevOps teams. That’s probably why Sumo Logic, a cloud-native, machine data analytics platform delivering continuous app intelligence, had no trouble attracting tens of millions of dollars in its latest round of funding.

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