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. Unlike many competitors, Sumo Logic operates on a subscription model, offering predictable costs for clients while ensuring a steady revenue stream. The company's goal is to empower businesses to make informed decisions and enhance their operational efficiency in a data-driven world.

Company Stage

IPO

Employees

501-1,000

Industries

Data & Analytics, Enterprise Software, Cybersecurity

Total Funding

$330.8M

Headquarters

Redwood City, California

Founded

2010


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Simplify's Take

What believers are saying

  • Sumo Logic's expansion into Seoul increases its global presence and market accessibility.
  • Recognition in the Gartner Magic Quadrant enhances Sumo Logic's competitive positioning.
  • AI-driven security analytics innovations improve threat detection and response capabilities.

What critics are saying

  • Increased competition from companies like Magna5 threatens Sumo Logic's market share.
  • Global data growth may strain Sumo Logic's infrastructure, risking service disruptions.
  • Flex Licensing model may challenge revenue if free services don't convert to paid ones.

What makes Sumo Logic unique

  • Sumo Logic offers a cloud-native platform for real-time machine data analytics.
  • The company provides a unique multi-tenant service model for continuous innovation.
  • Sumo Logic's Flex Licensing allows free, unlimited log data ingest for analytics.

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Growth & Insights
Headcount

6 month growth

↑ 0%

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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