LogLogic Secures $11 Million in Venture Funding; Significant Opportunity and Market Potential Attract New Level of Funding into Log Management Company

Funding Rounds

▤ Summary

"Defining a market category takes more than a great idea," said Michael Goguen, chairman of the board of LogLogic and general partner, Sequoia Capital. Strong quarterly revenue growth, an enviable customer base and a clear product roadmap make this company the rising star in the log management space." Additionally, we have secured key strategic partnerships and signed reseller agreements over the summer which has created a strong foundation to build upon," said Christopher D. Brennan, president and chief executive officer at LogLogic. "We have been tracking the global log management market for quite some time and have evaluated many companies in the process," said Jeb Miller from Worldview Technology Partners. Based in Sunnyvale, CA, LogLogic serves Global 2000 organizations that depend on immediate visibility into high volumes of log data under the most demanding traffic conditions.

$ Funding

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Amount $11.0M Total raised
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Date September 27, 2004 Announcement date
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Investors Microsoft Accelerator - Tel Aviv, Worldview Technology Partners, Mozilla Foundation, TeleSoft Partners Lead investors
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Company http://www.loglogic.com Funded company

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industries
Media and Publishing
applications
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Mozilla
$250M to $500M