Sumo Logic, Inc. is a
cloud-based
Cloud computing is the on-demand availability of computer system resources, especially data storage (cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over multip ...
machine
data analytics
Analytics is the systematic computational analysis of data or statistics. It is used for the discovery, interpretation, and communication of meaningful patterns in data. It also entails applying data patterns toward effective decision-making. It ...
company focusing on security, operations and
BI usecases. It provides
log management
Log management (LM) comprises an approach to dealing with large volumes of computer-generated log messages (also known as audit records, audit trails, event-logs, etc.).
Log management generally covers:
* Log collection
* Centralized log agg ...
and
analytics
Analytics is the systematic computational analysis of data or statistics. It is used for the discovery, interpretation, and communication of meaningful patterns in data. It also entails applying data patterns toward effective decision-making. It ...
services that use
machine-generated big data
Though used sometimes loosely partly because of a lack of formal definition, the interpretation that seems to best describe Big data is the one associated with large body of information that we could not comprehend when used only in smaller am ...
.
Sumo Logic was founded in April 2010 by
ArcSight
ArcSight, Inc. was an American software company that provided security management and compliance software packages for enterprises and government agencies. The company was acquired by Hewlett-Packard (HP) in 2010. When HP split into two companie ...
veterans Kumar Saurabh and Christian Beedgen, and is headquartered in
Redwood City
Redwood City is a city on the San Francisco Peninsula in Northern California's Bay Area, approximately south of San Francisco, and northwest of San Jose. Redwood City's history spans its earliest inhabitation by the Ohlone people to being a po ...
,
California
California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territori ...
.
On September 17, 2020 Sumo Logic debuted on the
NASDAQ
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...
stock exchange in its
initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
as a
public company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (l ...
. Sumo Logic's service is powered by patent-pending Elastic Log Processing, LogReduce, and Push Analytics technologies.
History
Sumo Logic was founded in 2010 by a technical leadership team with expertise in
log management
Log management (LM) comprises an approach to dealing with large volumes of computer-generated log messages (also known as audit records, audit trails, event-logs, etc.).
Log management generally covers:
* Log collection
* Centralized log agg ...
,
scalable systems,
Big Data
Though used sometimes loosely partly because of a lack of formal definition, the interpretation that seems to best describe Big data is the one associated with large body of information that we could not comprehend when used only in smaller am ...
and
security
Security is protection from, or resilience against, potential harm (or other unwanted coercive change) caused by others, by restraining the freedom of others to act. Beneficiaries (technically referents) of security may be of persons and social ...
.
Ramin Sayar, formerly of
VMware
VMware, Inc. is an American cloud computing and virtualization technology company with headquarters in Palo Alto, California. VMware was the first commercially successful company to virtualize the x86 architecture.
VMware's desktop software ru ...
, is Sumo Logic's CEO since December 2014.
Previously, Vance Loiselle, formerly of
BladeLogic, was CEO between May 2012 and December 2014.
In June 2012, Sumo Logic announced Sumo Logic Free, a
freemium
Freemium, a portmanteau of the words "free" and "premium," is a pricing strategy by which a basic product or service is provided free of charge, but money (a premium) is charged for additional features, services, or virtual (online) or physical (o ...
full functionality edition of its analytical solution that is deployed on
Amazon Web Services
Amazon Web Services, Inc. (AWS) is a subsidiary of Amazon.com, Amazon that provides Software as a service, on-demand cloud computing computing platform, platforms and Application programming interface, APIs to individuals, companies, and gover ...
, and in August 2012, the company announced Sumo Logic for
VMware
VMware, Inc. is an American cloud computing and virtualization technology company with headquarters in Palo Alto, California. VMware was the first commercially successful company to virtualize the x86 architecture.
VMware's desktop software ru ...
, which allows enterprises to search, visualize and analyze all VMware logs in real time so they can monitor and detect events within VMware virtual environments.
In 2016, Sumo Logic launched a data analytics platform that unifies logs and metrics to analyze structured metrics data and unstructured log data in real-time through graphical, interactive dashboards.
At the AWS 2017 conference, Sumo Logic presented its machine data analytics service which combines analytics of
Docker and
Kubernetes
Kubernetes (, commonly stylized as K8s) is an open-source container orchestration system for automating software deployment, scaling, and management. Google originally designed Kubernetes, but the Cloud Native Computing Foundation now maintains ...
. The service streamlines data ingestion for Sumo Logic's machine data analytics service hosted on
Amazon Web Services
Amazon Web Services, Inc. (AWS) is a subsidiary of Amazon.com, Amazon that provides Software as a service, on-demand cloud computing computing platform, platforms and Application programming interface, APIs to individuals, companies, and gover ...
.
In 2018, Sumo Logic announced the expansion of integrations with the
Google Cloud Platform
Google Cloud Platform (GCP), offered by Google, is a suite of cloud computing services that runs on the same infrastructure that Google uses internally for its end-user products, such as Google Search, Gmail, Google Drive, and YouTube. Alongside ...
, releasing integrations with GCP applications, and an integration with
TensorFlow
TensorFlow is a free and open-source software library for machine learning and artificial intelligence. It can be used across a range of tasks but has a particular focus on training and inference of deep neural networks. "It is machine learning ...
. In September 2018, Sumo Logic announced the addition of a
cloud
In meteorology, a cloud is an aerosol consisting of a visible mass of miniature liquid droplets, frozen crystals, or other particles suspended in the atmosphere of a planetary body or similar space. Water or various other chemicals may co ...
SIEM Siem is a surname. Notable people with the surname include:
* Charlie Siem (born 1986), British violinist
* Kjetil Siem (born 1960), Norwegian businessperson, journalist, author and sports official
* Kristian Siem (born 1949), Norwegian businessman ...
solution to its machine data analytics platform.
In April 2019, Sumo Logic launched a
bidirectional
Bidirectional may refer to:
* Bidirectional, a roadway that carries traffic moving in opposite directions
* Bi-directional vehicle, a tram or train or any other vehicle that can be controlled from either end and can move forward or backward with e ...
integration for
Atlassian
Atlassian Corporation () is an Australian software company that develops products for software developers, project managers and other software development teams. The company is domiciled in Delaware, with global headquarters in Sydney, Australi ...
’s OpsGenie incident alert service. This integration gives users the ability to create and analyze the alerts and incident data. As of May 2019, the company has collected VC funding totaling $345 million.
In 2021 it was revealed that Sumo Logic, along with other vendors, had a
kickback agreement with Michael Kail, a former Netflix vice president of IT operations convicted of fraud for receiving bribes from vendors. According to the
US Department of Justice
The United States Department of Justice (DOJ), also known as the Justice Department, is a federal executive department of the United States government tasked with the enforcement of federal law and administration of justice in the United State ...
, he "became an advisor and received options for shares in the company Sumo Logic" and "authorized and signed on behalf of Netflix a vendor agreement between Netflix and Sumo Logic". On 4th May 2021 the US Department of Justice announced that Michael Kail had been convicted on a number of counts related to the kick backs received from Sumo Logic and other vendors. Evidence in the case shows that Kail insisted on Sumo Logic's products being used, "despite his IT team feedback about the product underperforming." Evidence presented at trial showed that Kail’s advisor role with Sumo Logic lasted from 2012 to 2014 and that Kail represented and warranted to Sumo Logic that his advisor role and receipt of options would not conflict with or violate any obligation of Kail’s. The evidence also showed that Sumo Logic was led to believe that there was no conflict with Kail’s obligations to Netflix and that Sumo Logic understood it was not guaranteed any contracts or provided any shortcuts. Sumo Logic was not a party to the criminal case, and no charges were ever brought, or claims made, against Sumo Logic.
Funding
Sumo Logic received funding from
Accel Partners
Accel, formerly known as Accel Partners, is an American venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional ...
,
DFJ Growth,
Greylock Partners
Greylock Partners is one of the oldest venture capital firms, founded in 1965, with committed capital of over $3.5 billion under management. The firm focuses on early-stage companies in the consumer, enterprise software and infrastructure as wel ...
,
Institutional Venture Partners
Institutional Venture Partners (IVP) is a US-based private equity investment firm focusing on later-stage venture capital and growth equity investments. IVP is one of the oldest venture capital firms, founded in 1980.
History
While Reid W. Denn ...
,
Sequoia Capital
Sequoia Capital is an American venture capital firm. The firm is headquartered in Menlo Park, California, and specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors. , Sequoia's total a ...
,
Sapphire Ventures
Sapphire Ventures (stylized as SAPPHIRE) is a venture capital firm with offices in Menlo Park, San Francisco, Austin, and London. The firm is considered one of the world's premier venture capital firms.
The firm primarily invests in Series B th ...
,
Sutter Hill Ventures
Sutter Hill Ventures is an American private equity firm focused on venture capital investments in technology-based start-up companies. Founded in 1964, Sutter Hill is one of the oldest venture capital firms still in operation. Based in Palo Alto ...
, angel investor
Shlomo Kramer
Shlomo Kramer ( he, שלמה קרמר), is an Israeli information technology entrepreneur and investor. He is the co-founder of cyber-security companies Check Point and Imperva, as well as Cato Networks, a cloud-based network security provider. ...
,
Battery Ventures
Battery Ventures is an American technology-focused investment firm. Founded in 1983, the firm makes venture-capital and private-equity investments in markets across the globe from offices in Boston, Silicon Valley, San Francisco, Israel and Lon ...
,
Tiger Global Management
Tiger Global Management, LLC (often referred to as Tiger Global and formerly known as Tiger Technology) is an American investment firm. It mainly focuses on Internet, software, consumer, and financial technology industries.
Background and histo ...
and
Franklin Templeton
Franklin Resources, Inc. is an American multinational holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc. It is ...
.
While Sumo Logic remained in
stealth mode
In business, stealth mode is a company's temporary state of secretiveness, usually undertaken to avoid alerting competitors to a pending product launch or another business initiative.
When an entire company is in stealth mode it may attempt to ...
for two years, it unveiled its cloud-based log management platform with
Series B
A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the ...
funding of $15 million in January 2012.
The round of
Series E funding announced in June 2015 brings the company's total venture capital backing to $160.5 million. On June 27 the company closed its Series F round for $75 million and is on path to IPO.
In May 2019, Sumo Logic announced a $110 million Series G investment and indicated that its valuation was "north of a billion dollars".
Technology and acquisitions
Sumo Logic brands itself as a "continuous intelligence platform" that automates the collection, ingestion and analysis of various types of data into actionable insights for its users. In 2019, the company acquired JASK to combine its
security operations center
A security operations center (SOC) is responsible for protecting an organization against cyber threats. SOC analysts perform round-the-clock monitoring of an organization’s network and investigate any potential security incidents. If a cybe ...
(SOC) with Sumo Logic's
security information and event management
Security information and event management (SIEM) is a field within the field of computer security, where software products and services combine security information management (SIM) and security event management (SEM). They provide real-time ana ...
(SIEM) services. Sumo Logic works with
The Pokémon Company
The Pokémon Company (株式会社ポケモン, ''Kabushiki gaisha Pokemon'') is a Japanese company responsible for brand management, production, publishing, marketing, and licensing of the ''Pokémon'' franchise, which consists of video game s ...
to provide analytics for
Pokémon GO
''Pokémon Go'' (stylized as ''Pokémon GO'') is a 2016 augmented reality (AR) mobile game, part of the ''Pokémon'' franchise, developed and published by Niantic in collaboration with Nintendo and The Pokémon Company for iOS and Android ...
, including threats, security vulnerabilities, log aggregation, and security analytics.
It expanded into security orchestration, automation, and response (SOAR) and security orchestration, automation, and response (SOAR) technology and monitoring workflow software with the acquisitions of DFLabs and Sensu in 2021. That same year, the company announced
DevSecOps tools on its continuous intelligence platform for infrastructure observability and telemetry data analytics of enterprise applications.
Sumo Logic's architecture features an elastic
petabyte
The byte is a unit of digital information that most commonly consists of eight bits. Historically, the byte was the number of bits used to encode a single character of text in a computer and for this reason it is the smallest addressable unit ...
scale platform that collects, manages, and analyzes enterprise
log data, reducing millions of log lines into operational and security insights in
real time
Real-time or real time describes various operations in computing or other processes that must guarantee response times within a specified time (deadline), usually a relatively short time. A real-time process is generally one that happens in defined ...
. Its elastic processing is used to collect, manage, and analyze log data, regardless of type, volume, or location. A
cloud-based
Cloud computing is the on-demand availability of computer system resources, especially data storage (cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over multip ...
approach overcomes the inherent problems of
premises-based solutions, including limits on scalability, inefficient or haphazard analysis, and uncontrolled costs.
Sumo Logic is built around a globally distributed data retention architecture that keeps all log data available for instant analysis, eliminating the need for an enterprise to manage the cost and complexity of data archiving, backups and restoration.
The service is entirely cloud-based and is maintenance free.
Awards and recognition
In January, 2012,
RSA named Sumo Logic one of its top 10 finalists for the Most Innovative Company at RSA. At the April 2012 Under the Radar Conference, Sumo Logic received the Judge's Choice and the Audience Choice Awards for
Performance Monitoring
A performance is an act of staging or presenting a play, concert, or other form of entertainment. It is also defined as the action or process of carrying out or accomplishing an action, task, or function.
Management science
In the work place ...
. In May 2012, Sumo Logic was named a
Red Herring
A red herring is a figurative expression referring to a logical fallacy in which a clue or piece of information is or is intended to be misleading, or distracting from the actual question.
Red herring may also refer to: Animals
* Red herring (fis ...
Americas 2012 Top 100 Winner.
On May 7, 2014, Sumo Logic was named as a Cool Vendor by
Gartner
Gartner, Inc is a technological research and consulting firm based in Stamford, Connecticut that conducts research on technology and shares this research both through private consulting as well as executive programs and conferences. Its clients ...
in the
Application Performance Monitoring (APM) and
IT Operations Analytics (ITOA) categories.
In 2019,
Fortune
Fortune may refer to:
General
* Fortuna or Fortune, the Roman goddess of luck
* Luck
* Wealth
* Fortune, a prediction made in fortune-telling
* Fortune, in a fortune cookie
Arts and entertainment Film and television
* ''The Fortune'' (1931 film) ...
named Sumo Logic one of the 50 Best Workplaces in Technology. The same year,
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
placed Sumo Logic on its Cloud 100 list. In December 2019, Sumo Logic was named Best Enterprise Security Product at
Computing
Computing is any goal-oriented activity requiring, benefiting from, or creating computing machinery. It includes the study and experimentation of algorithmic processes, and development of both hardware and software. Computing has scientific, e ...
’s Technology Product Awards.
On July 6, 2021, industry market research firm,
Gartner
Gartner, Inc is a technological research and consulting firm based in Stamford, Connecticut that conducts research on technology and shares this research both through private consulting as well as executive programs and conferences. Its clients ...
, named Sumo Logic a Visionary in their 2021 Gartner Magic Quadrant for Security Information and Event Management (SIEM) report. The company was named Independent Software Vendor (ISV) Partner of the Year by
Amazon Web Services
Amazon Web Services, Inc. (AWS) is a subsidiary of Amazon.com, Amazon that provides Software as a service, on-demand cloud computing computing platform, platforms and Application programming interface, APIs to individuals, companies, and gover ...
(AWS) later that year.
References
External links
*{{Official website
2010 establishments in California
Big data companies
American companies established in 2010
Software companies established in 2010
Companies based in Redwood City, California
Computer security companies
Cloud computing providers
Information technology companies of the United States
Network management
Software companies based in the San Francisco Bay Area
Software companies of the United States
Security companies of the United States
System administration
2020 initial public offerings
Companies listed on the Nasdaq