Sumo Logic Secures $15,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8332891a-275b-42ae-8e54-c7970fc17a85&Preview=1
Date
1/31/2012
Company Name
Sumo Logic
Mailing Address
605 Castro Street Mountain View, CA 94041
Company Description
Sumo Logic is an early-stage startup, focused on delivering the next generation of IT and security management as a cloud-based service.
Website
http://www.sumologic.com
Transaction Type
Venture Equity
Transaction Amount
$15,000,000
Transaction Round
Series B
Proceeds Purposes
The company will use the funds to accelerate its engineering and go-to-market activities.
M&A Terms
Venture Investor
Sutter Hill Ventures
Venture Investor
Greylock Partners