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“Empowering the people who power modern business” |
Founded: 2010 in California, USA
Category: Artificial Intelligence Primary office: Redwood City, California (USA) Core technical team: Redwood City, California (USA) Status: Private Employees: 1000 Amount raised: $345 million (6 rounds – April 2019) |
OVERVIEW
PERFORMANCE METRICS
ACHIEVEMENTS
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Sells
- Real-time SaaS platform to operate and secure enterprise applications at cloud scale
- Operations analytics, security analytics, business analytics
- Integrations with enterprise systems
- Subscriptions for professionals and enterprises
Channels
- Direct B2B API integrations
- Technology partners, system integrators and resellers, managed service providers, SOC integration
Competencies
- Founder-led Management team
- Expertise in DevSecOps management and compliance required to scale
- Multi-tenant scalable and elastic cloud infrastructure
- Artificial Intelligence, Machine learning, Multi-Cloud support
- Sophisticated & real-time data analytics to enable fast decision making (over 30 million searches and 500 trillion records daily)
Resources
Assets
- Over 150 different business applications and API integrations including SaaS, VPNs and SSOs for remote and secured operations,
- Partners with top business technologies e.g. Amazon AWS, Salesforce, Cisco, Google, Microsoft, etc.
- Unified platform for technology teams to efficiently and concurrently manage development, operations and security.
- Open source tools such as FluentD, Prometheus and CollectD
- Open collection APIs
- Various certifications and accreditations
Processes
- Company data (from Apps, micro-services, cloud systems, SaaS servers, mobile devices, 3rd-party systems and feeds) analyzed by Sumo Logic analytics (multi-tenant, scalable and elastic, machine learning, API, advanced analytics, security) servicing company stakeholders (DevOps, engineering, IT Ops, customer success, products, data scientists and SecOps)
- Optimized analytics for logs, metrics, and events; powerful real-time analytics; streaming data processing
- Secure by design (platform built with security-first principle in and for the cloud)
- Customizable, user-friendly dashboard for insights and decision-making
- 24/7 technical support
- Adopts business use cases to provide better insights e.g. SIEM (Security, Information and Events Management)
- Supports and automates compliance to security and operational policies such as HIPAA, PCI-DSS, SOC 2.0
- Initial free trial for its Continuous Intelligence Platform for businesses
- Sumo free – for Individuals and small business to execute small projects
- Flexible payment option for bigger businesses and projects – Pay as you grow
Priorities
- Increase product offerings
- Increase Cross-border operations/drive global expansion
Assertions That Best Describe What the Company Did to Scale Early, Rapidly & Securely
- Increase sales by applying big-data analytics to produce information about users, suppliers and customers
- Increase value by arranging and directing a community comprised of groups that are external and internal to the company and connect everything needed to scale.
- Increase profitability by enforcing policies and procedures for resource configuration, production and coordination, information search and gathering, bargaining, and accountability and enforcement
- Increase value by forming good opportunities, combining external and internal resources, and operating across borders to raise capital
- Increase profitability by improving links, interactions and shared purpose with local organizations in each region the company operates
- Increase the company’s value by continuously seeking and receiving funding to support the company’s plan to scale and improve its image in the marketplace
References
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Bridgewater, A. 2019. Sumo Logic bids to define the Intelligence economy. [online]. Forbes. https://www.forbes.com/sites/adrianbridgwater/2019/09/12/sumo-logic-bids-to-define-the-intelligence-economy/#4e5023b41490
- CBInsights, The Global Unicorn Club. https://www.cbinsights.com/research-unicorn-companies
- Crunchbase. 2019. Sumo Logic. https://www.crunchbase.com/organization/sumo-logic/funding_financials
- Sumo Logic website. https://www.sumologic.com/
- Owler. 2020. Sumo Logic. https://www.owler.com/company/sumologic
Contributors
- Yinka Olanrewaju-Olawepo
- Dan Craigen