Sumo Logic

Cloud-based data analytics and security platform

Redwood City, California, United States

About Sumo Logic

Sumo Logic provides data analytics and security tools that help businesses collect, analyze, and visualize large datasets. Their cloud-based platform allows medium to large enterprises in various industries to manage their data efficiently and securely from anywhere. Unlike many competitors, Sumo Logic operates on a subscription model, offering scalable solutions that enable clients to budget their expenses predictably. The company's goal is to empower businesses to make informed decisions and enhance their operational efficiency and security.

Redwood City, CaliforniaHeadquarters
2010Year Founded
$330.8MTotal Funding
IPOCompany Stage
Data & Analytics, Enterprise Software, CybersecurityIndustries
501-1,000Employees

Benefits

Competitive base salary + bonus + RSU's
Unlimited PTO + 12 company holidays + 4 quarterly wellness days
100% remote or in office
Employee stock purchase plan- ESPP
Medical, Dental, Vision
Paid Parental leave

Risks

Increased competition from companies like Magna5 could threaten market share.
Free data ingest model may lead to revenue challenges if not enough paying customers.
Rapid global data growth could overwhelm infrastructure, affecting service reliability.

Differentiation

Sumo Logic offers a cloud-native platform for real-time machine data analytics.
The company provides a unique Flex Licensing model for unlimited log data ingest.
Sumo Logic's Cloud SIEM solution automates threat detection and provides contextualized threat insights.

Upsides

Expansion into South Korea opens new customer bases in the Asian market.
Recognition as a Challenger in Gartner's Magic Quadrant enhances credibility and attracts clients.
Flex Licensing model removes cost barriers, potentially increasing customer acquisition.

Funding

Total raised$330.80 M
Latest valuation$1.70 B
StageIPO