Logz.io

Data analytics and observability platform

Boston, Massachusetts, United States

About Logz.io

Logz.io provides a platform for data analytics and observability, allowing businesses to analyze their data quickly and efficiently to enhance troubleshooting. The platform utilizes popular open-source monitoring tools like OpenSearch for log analytics, Prometheus for metric analytics, and OpenTelemetry and Jaeger for trace analytics. It caters to a diverse clientele, from small businesses to large corporations, including tech companies, financial institutions, and healthcare providers, all of whom require real-time data monitoring and analysis. Logz.io operates on a subscription or usage-based pricing model, generating revenue through high-performance log analytics, centralized metrics monitoring, and security event investigation. A key feature of the platform is its ability to filter out unnecessary data, which helps reduce costs and saves engineering time. Additionally, Logz.io is compatible with various cloud services, making it easy to integrate into existing systems.

Boston, MassachusettsHeadquarters
2014Year Founded
$119.9MTotal Funding
SERIES_ECompany Stage
Data & Analytics, Enterprise Software, CybersecurityIndustries
51-200Employees

Risks

Increased competition from new entrants like Finout focusing on cloud cost management.
Complex AI-driven features may require significant user adaptation and training.
Departure of key financial personnel could disrupt financial operations and strategic planning.

Differentiation

Logz.io integrates AI-driven anomaly detection to enhance user experience and service reliability.
The platform combines ELK and Grafana for scalable machine data analytics and observability.
Logz.io offers a unified platform for log, metric, and trace analytics using open-source tools.

Upsides

The enterprise monitoring market is projected to reach $80.26 billion by 2029.
Logz.io's AI Agent simplifies monitoring, potentially reducing operational costs and improving reliability.
O11y GPT upgrade leverages generative AI for advanced insights and operational efficiency.

Funding

Total raised$119.90 M
Latest valuation$260.00 M
StageSERIES_E