Loggly Announces Double-Down Investment Round

Garrett Wilkin, July 17th, 2012

LogglyLoggly has just secured a new round of funding for its event-logging Loggly API. The company added $5.7 million which more than doubles the $4.7 million total from series A & B investment rounds.  This round introduces a new investment partner, Matrix Ventures, as well as a new CEO Charlie Oppenheimer and CTO Jim Nisbet.  Oppenheimer hails from Matrix Ventures where he served as an executive in residence.

This double-down investment on log management demonstrates a high investor confidence in remote log management.  Loggly itself is an example of the increasingly specialized technology companies who’ve carved out a very specific niche for themselves

I spoke to Loggly just over a year ago, and was excited and inspired by their vision and passion for creating value out of a technological by-product: log files.  In my recent conversation with the Loggly team they advocated for JSON formatted log data because structured data lends itself to indexing and analysis much more naturally.

Loggly is continuing to stay focused on a simple and reliable service that applies to as many use cases as possible.  They will index and provide search capabilities across your log data, but it is up to the customers to provide the proper structured data at log entry in order to facilitate later queries.  Loggly is not in the business of big data analytics consulting, just yet, but maybe you could reach out to Prior Knowledge on that one.

Both comments and pings are currently closed.

2 Responses to “Loggly Announces Double-Down Investment Round”

July 17th, 2012
at 11:58 am
Comment by: ideas

The link at the beginning of the post is wrong.
You’re linking to logly.com … the site needs another “g” to
make it loggly.com

July 17th, 2012
at 12:04 pm
Comment by: Garrett Wilkin

Thanks for catching that! Fixed!

Follow the PW team on Twitter

ProgrammableWeb
APIs, mashups and code. Because the world's your programmable oyster.

John Musser
Founder, ProgrammableWeb

Adam DuVander
Executive Editor, ProgrammableWeb. Author, Map Scripting 101. Lover, APIs.