Sumo Logic was founded in 2010 by
ArcSight veterans Kumar Saurabh and Christian Beedgen. While Sumo Logic remained in
stealth mode for two years, it unveiled its cloud-based log management platform with
Series B funding of $15 million in January 2012. Sumo Logic closed a
Series E funding round in June 2015, bringing its total VC backing to $160.5 million. In 2016, Sumo Logic launched a data analytics platform that unifies logs and metrics to analyze structured metrics data and unstructured log data in real-time through graphical, interactive dashboards. At the AWS 2017 conference, Sumo Logic presented its machine data analytics service which combines the analytics of
Docker and
Kubernetes. The service streamlines data ingestion for Sumo Logic's machine data analytics service hosted on
Amazon Web Services. On June 27, 2017, the company closed its Series F round for $75 million. In 2018, Sumo Logic announced its integration expansion with
Google Cloud Platform, GCP applications and
TensorFlow. In September 2018, Sumo Logic announced the addition of
cloud SIEM to its platform. In May 2019, Sumo Logic announced a $110 million Series G investment. On September 17, 2020, Sumo Logic debuted on the
NASDAQ stock exchange in its
initial public offering as a
public company. In 2021, evidence showed that, while Sumo Logic was neither a party to the criminal case nor any charges or claims were ever made against the company, former advisor Michael Kail intentionally misled Sumo Logic into believing there was no conflict of interest between Kail and Netflix. The
US Department of Justice convicted Kail on a number of counts related to the
kickback agreements received amongst multiple vendors, Sumo Logic being one. In February 2023, investment firm
Francisco Partners agreed to acquire Sumo Logic for $1.7billion. The transaction finalized and the company was taken private in May 2023. Prior to going private, Sumo Logic received funding from
Accel Partners,
DFJ Growth,
Greylock Partners,
Institutional Venture Partners,
Sequoia Capital,
Sapphire Ventures,
Sutter Hill Ventures, angel investor
Shlomo Kramer,
Battery Ventures,
Tiger Global Management and
Franklin Templeton. ==Technology and acquisitions==