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Logz.io

Logz.io

Data analytics and observability platform

About

Logz.io provides a platform for data analytics and observability, allowing businesses to analyze their data quickly and efficiently. The platform utilizes popular open-source monitoring tools like OpenSearch for log analytics, Prometheus for metric analytics, and OpenTelemetry and Jaeger for trace analytics. It caters to a diverse clientele, from small businesses to large corporations, including tech companies, financial institutions, and healthcare providers, all of whom require real-time data monitoring and analysis. Logz.io operates on a subscription or usage-based pricing model, generating revenue through high-performance log analytics, centralized metrics monitoring, and security event investigation. A key feature of the platform is its ability to filter out unnecessary data, which helps reduce costs and saves engineering time. Additionally, Logz.io is compatible with various cloud services, making it easy to integrate into existing systems.

Company Stage

Series E

Employees

51-200

Industries

Data & Analytics, Cybersecurity

Total Funding

$123.2M

Headquarters

N/A

Founded

2014


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Simplify's Take

What believers are saying

  • The introduction of AI-driven features like IQ Assistant and Anomaly Detection for App 360 enhances the platform's efficiency and user experience.
  • Strategic partnerships, such as with Uptime.com, expand Logz.io's service offerings and market reach.
  • Continuous innovation, exemplified by the O11y GPT upgrade, positions Logz.io as a leader in the observability market.

What critics are saying

  • The crowded observability market requires Logz.io to continuously innovate to maintain its competitive edge.
  • Dependence on open-source tools could make Logz.io vulnerable to changes or issues within those tools.

What makes Logz.io unique

  • Logz.io leverages popular open-source tools like OpenSearch, Prometheus, and Jaeger, providing a familiar yet enhanced experience for users.
  • The platform's ability to reduce costs by filtering out unnecessary data sets it apart from competitors who may not offer such cost-saving features.
  • Logz.io's integration with various cloud services like Azure and AWS ensures seamless compatibility and ease of use for clients.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

-7%

2 year growth

-23%

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