Logz.io

Logz.io

Data analytics and observability platform

About Logz.io

Simplify's Rating
Why Logz.io is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Data & Analytics

Enterprise Software

Cybersecurity

Company Size

51-200

Company Stage

Series E

Total Funding

$123.3M

Headquarters

Boston, Massachusetts

Founded

2014

Overview

Logz.io offers a platform for data analytics and observability, enabling businesses to analyze their data quickly using open-source monitoring tools like OpenSearch and Prometheus. The platform helps organizations monitor and troubleshoot their data in real-time, which is essential for effective decision-making. Logz.io operates on a subscription or usage-based pricing model and focuses on reducing unnecessary data to lower costs and save engineering time. Its compatibility with various cloud services makes it easy to integrate into existing systems.

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Simplify's Take

What believers are saying

  • AIOps market growth at 22.31% CAGR presents expansion opportunities for Logz.io.
  • Enterprise monitoring market projected to reach $80.26 billion by 2029, aligning with Logz.io's offerings.
  • Growing cloud adoption increases demand for Logz.io's cloud-compatible monitoring solutions.

What critics are saying

  • Intense competition from major players like Microsoft and IBM could impact Logz.io's market share.
  • Former Logz.io director's new venture, Finout, may divert potential clients.
  • Logz.io must continuously innovate to meet evolving IT environment complexities.

What makes Logz.io unique

  • Logz.io integrates open-source tools like ELK, Grafana, and OpenTelemetry for comprehensive analytics.
  • The platform offers AI-driven features like the IQ Assistant for enhanced data retrieval.
  • Logz.io's Trace Quickview provides end-to-end observability, improving user experience.

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Funding

Total Funding

$123.3M

Below

Industry Average

Funded Over

6 Rounds

Notable Investors:
Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.
Series E Funding Comparison
Below Average

Industry standards

$100M
$23M
Logz.io
$245M
Stripe
$250M
Reddit
$1250M
Epic Games
$1500M
Airbnb

Benefits

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 3%

2 year growth

↑ 1%
PR Newswire
Apr 14th, 2025
Artificial Intelligence For It Operations (Aiops) Market Disruptions: Riding A High-Growth Wave Through 2030 At Cagr 22.31%

Compound Growth at 22.31% Signals a New Phase of Artificial Intelligence for IT Operations Market ExpansionMIDDLETON, Mass., April 14, 2025 /PRNewswire/ -- QKS Group, a premier market intelligence and advisory firm, has released its latest in-depth analysis of the global Artificial Intelligence for IT Operations (AIOps) Market, signalling a strong growth phase ahead. The new reports - 'Market Share: Artificial Intelligence for IT Operations (AIOps), 2024, Worldwide & Regional Report' and 'Market Forecast: Artificial Intelligence for IT Operations (AIOps), 2025-2030, Worldwide & Regional Report' - the market is expected to grow at a compound annual growth rate of 22.31% through 2030. This analysis equips businesses with the strategic intelligence needed to navigate the dynamic AIOps landscape and make informed decisions as the market continues to evolve.The Next Growth Frontier in AIOps PlatformsIn an era where IT environments are becoming increasingly hybrid, complex, and data-driven, AIOps has emerged as a mission-critical solution for modern enterprises aiming to streamline operations, enhance visibility, and ensure service reliability. By leveraging AI and machine learning, AIOps platforms automate root cause analysis, detect anomalies in real time, and proactively resolve incidents before they impact business outcomes. From banking to healthcare, enterprises are turning to AIOps to modernize infrastructure monitoring, reduce MTTR, and support digital transformation goals.According to Karun E S, Senior Analyst at QKS Group, "The AIOps market is rapidly evolving, with vendors focusing on integrating advanced AI and machine learning capabilities to streamline IT operations and improve overall efficiency. Vendors differentiate themselves through features like Generative AI, real-time data processing, predictive analytics, and automation of incident responses."Key Market Insights from QKS Group's ReportGlobal and Regional Market Analysis : A deep dive into worldwide and regional AIOps platform adoption trends, competitive landscapes, and future growth projections.: A deep dive into worldwide and regional AIOps platform adoption trends, competitive landscapes, and future growth projections

iHash
Jan 16th, 2025
Logz.io Wins Special Mention for Best Use of AI from 2024 O11ys Awards

Ihash use Gemini is thrilled to announce that Logz.io received a Special Mention for Best Use of AI from the 2024 O11ys Awards, a celebration of innovation and excellence in observability.

Logz.io
Jan 7th, 2025
Latest Product Updates and Features in Logz.io | January 2025

Logz has introduced Trace Context support for .

iHash
Dec 21st, 2024
Adding Trace Quickview to Logz.io's Explore

In an effort to bring customers closer to unified, end-to-end observability, Logz.io has added a Trace Quickview feature to its Explore user interface.

PRWeb
Nov 9th, 2024
Customergauge Names Technology Sales Veteran Adam Clay As Chief Revenue Officer

The market opportunity for the CustomerGauge solution is sizable, particularly within the Consumer Packaged Goods market where CustomerGauge is the preferred supplier for top CPG brands

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