Sumo Logic

Sumo Logic

Cloud-based data analytics and security platform

About

Sumo Logic provides data analytics and security tools that help businesses collect, analyze, and visualize large amounts of data. Their cloud-based platform allows medium to large enterprises to manage their data efficiently and securely from anywhere, without needing to install software. Operating on a subscription model, Sumo Logic offers scalable solutions that enable clients to make informed decisions and improve their operations. The company's goal is to empower businesses to operate more efficiently and securely in a data-driven world.

Company Stage

Acquired

Employees

501-1,000

Industries

Data & Analytics, Enterprise Software, Cybersecurity

Total Funding

$330.8M

Headquarters

N/A

Founded

2010


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Simplify's Take

What believers are saying

  • Recognition as a Challenger in the Gartner Magic Quadrant for SIEM highlights Sumo Logic's growing influence and credibility in the cybersecurity market.
  • Innovations like the MITRE ATT&CK Threat Coverage Explorer and Flex Licensing demonstrate Sumo Logic's commitment to continuous improvement and customer-centric solutions.
  • Strategic executive appointments and partnerships, such as with RSI Security, indicate strong leadership and collaborative potential for future growth.

What critics are saying

  • The competitive landscape in data analytics and cybersecurity is intense, with major players like Splunk and Datadog posing significant threats to market share.
  • Rapid technological advancements and the need for constant innovation may strain resources and lead to potential operational challenges.

What makes Sumo Logic unique

  • Sumo Logic's cloud-based platform offers unparalleled scalability and flexibility, allowing clients to access data analytics and security tools from anywhere without the need for on-premise installations.
  • Their subscription-based model ensures a steady revenue stream and predictable budgeting for clients, unlike competitors with more variable pricing structures.
  • Sumo Logic's focus on integrating AI and automation into their Cloud SIEM solution provides a unique edge in threat detection and remediation, setting them apart from traditional security solutions.

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Growth & Insights
Headcount

6 month growth

↑ 1%

1 year growth

↓ -1%

2 year growth

↓ -13%

Benefits

Competitive base salary + bonus + RSU's

Unlimited PTO + 12 company holidays + 4 quarterly wellness days

100% remote or in office

Employee stock purchase plan- ESPP

Medical, Dental, Vision

Paid Parental leave

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