About Sumo Logic
Sumo Logic is a company based in Redwood City (United States) founded in 2010 was acquired by Francisco Partners in February 2023.. Sumo Logic has raised $347.6 million across 8 funding rounds from investors including Accel, Francisco Partners and Franklin Templeton. The company has 142 employees as of April 06, 2024. Sumo Logic has completed 4 acquisitions, including DFLabs, FactorChain and Jask. Sumo Logic operates in a competitive market with competitors including Splunk, New Relic, Exabeam, Grafana and Observe, among others.
- Headquarter Redwood City, United States
- Employees 142 as on 06 Apr, 2024
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Sumologic Technologies Private Limited
- Date of Incorporation 12 Nov, 2013
- Jurisdiction New Delhi, India
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Annual Revenue
$17.42 M (USD)33.99as on Mar 31, 2023
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Net Profit
$1.26 M (USD)5.84as on Mar 31, 2023
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EBITDA
$1.86 M (USD)5.46as on Mar 31, 2023
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Total Equity Funding
$347.6 M (USD)
in 8 rounds
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Latest Funding Round
$110 M (USD), Series G
May 08, 2019
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Investors
Accel
& 11 more
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Employee Count
142
as on Apr 06, 2024
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Investments & Acquisitions
DFLabs
& 3 more
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Acquired by
Francisco Partners
(Feb 09, 2023)
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Leadership Team
47 people
Sales and Marketing
32 people
Software Development Team
25 people
Human Resources and Administration
13 people
Operations Team
9 people
Senior Team
8 people
Enterprise Team
7 people
Sr. Team
5 people
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Funding Insights of Sumo Logic
Sumo Logic has successfully raised a total of $347.6M across 8 strategic funding rounds. The most recent funding activity was a Series G round of $110 million completed in May 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series G — $110.0M
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First Round
First Round
(31 Mar 2010)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Series G - Sumo Logic | Valuation | Battery Ventures | |
| Jun, 2017 | Amount | Series F - Sumo Logic | Valuation | Sapphire Ventures | |
| Feb, 2016 | Amount | Seed - Sumo Logic | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sumo Logic
Sumo Logic has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Accel, Francisco Partners and Franklin Templeton. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments in technology companies are conducted globally by Battery Ventures.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Venture capital firm partnering with enterprise software companies and early-stage funds.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sumo Logic
Sumo Logic has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include DFLabs, FactorChain and Jask. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Full-stack cloud monitoring for servers, containers, and APIs is provided.
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2017 | ||||
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AI platform for cybersecurity analysis and threat correlation is developed.
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2016 | ||||
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Cyber incident response platform is provided for security operations.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sumo Logic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sumo Logic Comparisons
Competitors of Sumo Logic
Sumo Logic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Splunk, New Relic, Exabeam, Grafana and Observe, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud based platform offering IT operational data and security analytics software
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| domain | founded_year | HQ Location |
Enterprise observability solutions are delivered via cloud and AI platforms.
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| domain | founded_year | HQ Location |
SIEM platform for threat detection and response is provided.
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| domain | founded_year | HQ Location |
Cloud-based dashboards for data visualization and analysis are developed.
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| domain | founded_year | HQ Location |
AI-powered observability platform is provided for scalable data management.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sumo Logic
Frequently Asked Questions about Sumo Logic
When was Sumo Logic founded?
Sumo Logic was founded in 2010.
Where is Sumo Logic located?
Sumo Logic is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Who is the current CEO of Sumo Logic?
Joseph Kim is the current CEO of Sumo Logic.
Is Sumo Logic a funded company?
Sumo Logic is a funded company, having raised a total of $347.6M across 8 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Mar 31, 2010.
How many employees does Sumo Logic have?
As of Apr 06, 2024, the latest employee count at Sumo Logic is 142.
What is the annual revenue of Sumo Logic?
Annual revenue of Sumo Logic is $17.42M as on Mar 31, 2023.
What does Sumo Logic do?
Sumo Logic was founded in 2010 and is headquartered in Redwood City, United States. The company operates in the cloud computing sector, focusing on log management and application security analytics. Logs are collected from infrastructure stacks, aggregated, and analyzed through visual representations and time-series data. Security issues are monitored across CICD pipelines and applications, with vulnerabilities identified via pipeline and test output oversight.
Who are the top competitors of Sumo Logic?
How many acquisitions has Sumo Logic made?
Sumo Logic has made 4 acquisitions, including DFLabs, FactorChain, and Jask.
Who are Sumo Logic's investors?
Sumo Logic has 12 investors. Key investors include Accel, Francisco Partners, Franklin Templeton, Battery Ventures, and Tiger Global.
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