Sumo Logic expands security toolset with FactorChain acquisition

 When we heard from Sumo Logic last June, the company was announcing a $75 million Series F. Today, they announced they were acquiring FactorChain, a security startup that has raised $3.6 million. The companies would not disclose the purchase pric… Continue reading Sumo Logic expands security toolset with FactorChain acquisition

Organizations are uncovering a cloud security paradox

The characteristics of modern applications in the cloud are changing, requiring software and IT architects to shift priorities. Businesses of all sizes are transforming in order to compete in the digital era, but are bogged down by legacy technologies and inefficient siloed processes and tools that are ill-equipped to handle today’s volume of data. Today’s modern enterprise must harness this data and churn it into continuous intelligence in order to make critical business decisions. The … More Continue reading Organizations are uncovering a cloud security paradox

Sumo Logic lands $75 million Series F, on path to IPO

 Sumo Logic, the cloud-based log analysis platform, announced a $75 million round today, as the seven year old company could be entering the home stretch before an IPO. While CEO Ramin Sayar was not ready or willing to commit to an IPO timeline, h… Continue reading Sumo Logic lands $75 million Series F, on path to IPO