Sumo Logic, Helping companies to get real-time insight into data.

Data is the most important asset today, and it has become essential for every company to safeguard their company as well as client data from any external threat. The maintenance process for data has generated new long queues for the company employees, and it has become quite difficult to properly maintain and analyze the data at the same time. For that, companies like Sumo Logic work and develop software that helps other companies to upkeep the data and analyze it in the most efficient way. The company is about ten years old has been doing great in the industry such that it has been able to bag contacts from big-name companies, like Google and Amazon.

About Sumo Logic

Sumo Logic is a software development company that mainly works to build log management and analytics software for companies, helping them to get real-time insight into data. Kumar Saurabh and Christian Beedgen founded Soft Logic in 2010. The company headquarters is based in Redwood City, California, USA. The company is into developing software based on IT operations, security analytics, cloud SIEM, data analytics, etc. It is a publically held company that trades on Nasdaq with ticker SUMO. As per the 2020 records, it made annual revenues worth $155 Million, and over 800 people are employed at Soft Logic.

The Back Story

Kumar Saurabh and Christian Beedgen, two of the developers of ArcSight, a cyber security software, founded Sumo Logic in April 2010. The company received its initial funding from names like Accel Partners, Sequoia Capital, Sapphire Ventures and Sutter Hill Ventures, etc. The company built its flagship product, a cloud-based elastic petabyte-scale platform that helps companies to collect, manage and analyze their enterprise log data in the most efficient way, saving on time and money. Being a cloud-based product, it provides access to data ion fingertips. In 2012, the company released another software, the Sumo Logic Free, deployed on AWS and Sumo Logic for VMware.
In a Series B round of funding held in January 2012, Sumo Logic raised $15 million, where it also unveiled a new cloud-based log management platform. In June 2015, the company had another, Series E round of funding, where it raised a sum of $160.5 million in venture capital. The next product of the company, a data analytic platform came in 2016, and in 2017, it introduced machine data analytics service. Then in 2018, the company partnered with Google Cloud Platform and also integrated its software with TensorFlow. The same year, it introduced cloud SIEM and added it to its machine data analytics platform. In May 2019, the company had its first IPO, and it went public on Nasdaq.
Sumo Logic has won some awards and recognitions as well. It was named among the ten Most Innovative Companies by RSA in 2012 and won the Audience Choice Awards for Performance Monitoring in the same year. Gartner named the company ‘Cool Vendor’ in 2014, and in 2019, Fortune added the company to its list of 50 Best Workplaces in Technology. Forbes named Sumo Logic one of the 100 Best Enterprise Security Products in the same year.

The CEO at Sumo Logic

Ramin Sayar is the residing CEO at Sumo Logic. He has got a graduate degree in B.A. from the University of California, Santa Barbara as well as an MBA from San Jose State University. For the past twenty-plus years, Sayar has worked at some prominent positions at various big-name companies. He has held the position of Product Line Marketing Manager at iPlanet and Netscape. He was the Director of Products and Solutions at TIBCO and the Senior Director of Products at Mercury Software. Sayar has also been the Vice President of Products and Strategy at HP Software. He joined VMware for five years leading the Cloud Management Business Unit of the company. After VMware, he joined Sumo Cloud in December 2014 and became the CEO of the company.