Scalyr scores $20M Series A for super-fast log reading tool

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Summary

In a time where every startup seems to be using machine learning to sift through massive amounts of data, Scalyr is a cloud-based service that is taking a different approach. Newman took that experience and used it to help create Scaylr, which the team built from the ground up for simplicity and speed, not using so much as a single line of open source or external code. Log tools continually collect data about what’s happening across a company’s infrastructure and can help track down a variety of problems from network slow-downs to cyber attacks. He says Scalylr is capable of searching a terabyte of data every second and that it can answer an engineering query 96 percent of the time in one second or less. That speed enables a rapidly iterative process where engineers can get at the root of the problem simply by asking a series of questions based on what they are seeing in the logs and Scalyr’s responses.

$ Funding

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Amount - Total raised
Date April 1, 2016 Announcement date
Investors Sherpalo Ventures, GV, Susa Ventures, Bloomberg Beta Lead investors
Company http://www.scalyr.com Funded company

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Scalyr
$1M to $5M