Sumo Logic Overview
Sumo Logic is the next generation log management and analytics company that leverages Big Data for real-time IT insights. The company’s cloud-based service provides customers with real-time interactive analytics at a petabyte scale. The Sumo Logic service is powered by patent-pending Elastic Log Processing™ and LogReduce™ technologies, and transforms log data into actionable insights for IT operations, application management, and security and compliance teams. Unlike expensive and complex premise-based solutions, the Sumo Logic service has a low TCO (total cost of ownership), can be deployed instantly, scales elastically and requires zero maintenance. The company is based in Silicon Valley and is backed by Greylock Partners and Sutter Hill Ventures.
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*Based on Preferred Stock Price, Sumo Logic does not have a stock symbol since it is currently private and is yet to have an IPO.
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