LogDNA Closes $25M Round

December 12, 2018

LogDNA confirmed closing a $25 million Series B investment led by the venture firm Emergence Capital with participation from Initialized Capital, Y Combinator Continuity Growth and Providence Equity. LogDNA's client list includes IBM, Instacart and Lime, which currently leverage LogDNA in their production and development environments. The company saw tremendous growth in 2018 with over 2,000 customers using their solution and a 5x revenue increase over the previous year. LogDNA will use the cash infusion to scale their engineering, sales and marketing teams. LogDNA's ease of use, flexible deployment options, and best in class cost of ownership are helping them to gain traction with DevOps and engineering teams. IBM recently announced that LogDNA will be their default logging provider for IBM Cloud customers, which further solidifies the company's leadership and recognition in the market. LogDNA also announced additional service offerings to support customers who also wish to host their products in their own hosting environments.

''As every company in the world becomes a software company, a solution that can quickly and securely analyze logs from multiple clouds and on-premise servers is critical to maximize uptime across the board,'' explained Emergence Capital General Partner Joe Floyd. ''Our entire team agreed that LogDNA has the core functionality, intuitive interface and smart scaling capabilities to be that indispensable solution, and thus we are thrilled to partner with them to bring this game-changer to market.''

''The evolution of microservices and Kubernetes have led to an inflection point where one size does not fit all when it comes to application insights. We have seen a shift to Multi-Cloud environments with data residing across multiple different infrastructures and regions.'' said LogDNA co-founder and CEO Chris Nguyen '' LogDNA has a suite of modern offerings that are already resonating with our 2,000+ customers. We are excited to be able expand on our solution and enable teams to view all of their log data regardless of data residency and infrastructure.''

LogDNA can begin collecting and analyzing logs from AWS, Docker, Heroku, Elastic, and more in under two minutes with virtually zero onboarding time required. The flexibility of LogDNA means it is readily deployable in self-hosted, cloud and multi-cloud environments, and the system can easily send logs via Syslog, Code library, or agent. Logs in Kubernetes can start flowing with just two kubectl commands.

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