LogLogic raises $13,500,000

LogLogic Inc., the log management leader, today announced it has closed a series D round of funding, securing an additional $13.5 million in equity financing to expand global sales and marketing initiatives and accelerate innovation. LogLogic provides the world’s leading enterprise-class platform for collecting, storing, reporting and alerting on 100 percent of IT log data from virtually any device, operating system or application. LogLogic 4 LX and ST systems address the compliance, operations and risk mitigation needs of the most demanding global enterprises. LogLogic’s innovations include creating the world’s first search engine for fast-moving IT log data, and Compliance Suites that automate using that data to enforce critical controls and regulations.  “Failure to meet compliance standards carries serious consequences for a company and its C-level executives,” said Pat Sueltz, chief executive officer at LogLogic. “Organizations are making log management a priority and they are quickly reaping the benefits, from the sys-admin up the chain of command to the CEO.”