News
Category Archive for Loggly
Welcoming Trinity Ventures to Loggly
May 19, 2010
On Monday, Loggly closed its $4.2M Series B funding led by Trinity Ventures. We could not be happier for Kord, Raffy, and Jon and are very excited to be working with our friends at Trinity.
We seed funded Loggly almost five months ago with the strong belief in the team and their vision to provide valuable context around data sets that are continuing to grow exponentially. Since that time, they have launched a successful Beta version of their product, which has attracted a tremendous amount of interest.
We have all witnessed the vast amount of buzz around the growth in data, but the real value is going to come in actually understanding and acting on that data through as intuitive an interface as possible. Loggly is uniquely positioned to deliver this kind of value to the masses and we feel lucky to be a part of their journey.
Congrats again to the Loggly team!
Its All About the Data . . .
December 23, 2009
We hear the phrase all the time and deservedly so given the explosion in digital data. Google, Twitter, and Facebook have helped consumers gain a certain level of context around the data by enabling us to search the past, find out what’s happening now, and connect with our friends. We are also continuing to see a whole slew of new services that are innovating and providing more context to the end user.
One of the bigger questions that remains, however, is where is the equivalent on the IT side? The traditional enterprise search market has matured, is consolidating, and primarily focused on structured data. We believe there is a huge opportunity with the “dark matter” in the IT world, which exists in raw log files generated from web, application, and database servers. It’s a massive amount of data – in aggregate far more than what exists on the web – that still needs to be indexed, searched, and better understood. It is data that actually pre-dates the Internet and is as old as any computer system but without any affordable search solution until now . . .
We are extremely excited to announce our recent investment in Loggly, a SaaS solution for storing, reporting, and alerting around log data. Loggly will provide developers and admins a way to easily and affordably search log data. The true value will be in being able to correlate data across your back-end in near real time for application debugging, operations monitoring, security auditing, analytics, and a whole bunch of applications we haven’t even thought of. Think Twitter for your IT machines with the appropriate context added.
Loggly founders Kord, Raffy, and Jon bring a wealth of experience around log data, search, and building great product. We are excited to partner with them and look forward to learning more about their discoveries!
Also, see Loggly’s blog on the funding announcement.
.
Ask True Ventures
Lately:
RSS FeedArchives:
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- October 2007
- September 2007
- August 2007
- July 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- June 2006