logo
logo

Logz.io Announces $23 Million Funding Round

Nov 24, 2020almost 5 years ago

Amount Raised

$23 Million

Boston

Description

Logz.io, a leading cloud-native observability platform for modern DevOps teams, today announced a new $23 million funding round led by Pitango Growth, Israel’s largest venture capital firm. The new financing round, which includes participation from Logz.io’s existing investors, will be used to further accelerate Logz.io’s growth and advance its mission to provide customers around the globe with the best-of-class open source observability tools on a unified SaaS platform.

Company Information

Company

Logz.Io

Location

Boston, Massachusetts, United States

About

BOSTON & TEL AVIV, Israel--(BUSINESS WIRE)--Logz.io, a leading cloud-native observability platform for modern DevOps teams, today announced a new $23 million funding round led by Pitango Growth, Israel’s largest venture capital firm. The new financing round, which includes participation from Logz.io’s existing investors, will be used to further accelerate Logz.io’s growth and advance its mission to provide customers around the globe with the best-of-class open source observability tools on a unified SaaS platform.

Related People

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech