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Stealth Mode Startups Attracting Huge Investments
By siliconindia
Sumo Logic
Next generation log management and analytics company Sumo Logic raised $15 million in its series B round of funding led by Sutter Hill Ventures, founding investors Greylock Partners and angel investor Shlomo Kramer. The company has raised a total of $20.5 million till date.
Co-founded in April 2010 by Kumar Saurabh and Christian Beedgen, the company leverages Big Data for real-time IT insights. The company provides proactive insights, allowing customers to get answers from IT data in seconds. Also, with its Push Analytics, it uncovers unforeseen errors. With the funding, the company has emerged from its stealth mode.
