Sumo Logic

Sumo Logic

Cloud-based data analytics and security platform

About Sumo Logic

Simplify's Rating
Why Sumo Logic is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Cybersecurity

Company Size

501-1,000

Company Stage

IPO

Headquarters

Redwood City, California

Founded

2010

Overview

Sumo Logic provides data analytics and security tools that help businesses collect, analyze, and visualize large datasets. Their cloud-based platform allows medium to large enterprises in various industries to manage data efficiently and securely, enabling better decision-making and improved operations. Unlike many competitors, Sumo Logic operates on a subscription model, offering scalable solutions without the need for on-premises software. The company's goal is to empower clients to enhance their operational efficiency and security in a data-driven world.

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Simplify's Take

What believers are saying

  • Expansion into South Korea opens growth opportunities in the Asia-Pacific region.
  • Recognition in Gartner's Magic Quadrant enhances reputation and attracts enterprise clients.
  • Flex Licensing model removes cost barriers, potentially increasing customer base.

What critics are saying

  • Emerging AI-driven analytics platforms could erode Sumo Logic's market share.
  • New data privacy regulations may increase compliance costs and complexity.
  • Reliance on third-party cloud providers exposes Sumo Logic to service outage risks.

What makes Sumo Logic unique

  • Sumo Logic offers a cloud-native platform for real-time machine data analytics.
  • The company provides a unique Flex Licensing model for unlimited log data ingest.
  • Sumo Logic's Cloud SIEM solution automates threat detection and provides contextualized threat insights.

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Funding

Total Funding

$2366.1M

Above

Industry Average

Funded Over

8 Rounds

Buyout funding comparison data is currently unavailable. We're working to provide this information soon!
Buyout Funding Comparison
Coming Soon

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

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↓ -4%
Sumo Logic
Mar 4th, 2025
Work faster with Sumo Logic: Mo Copilot, Otel Remote Management and more

To simplify your work life, Sumo Logic has introduced several powerful new features designed to eliminate wasted time and help you focus on what matters: less time troubleshooting and more time building.

Hosting Journalist
Oct 1st, 2024
Sumo Logic Expands Global Presence with New AWS Deployment in Seoul

SaaS-based log analytics platform Sumo Logic has announced its entry into the South Korean market through the launch of a new AWS Availability Zone in Seoul.

Datanami
Sep 17th, 2024
Sumo Logic Launches The Sumie Awards to Highlight Customer Achievements

REDWOOD CITY, Calif., Sept. 17, 2024 - Sumo Logic has announced the launch of The Sumie Awards, its first public customer awards program.

Datanami
Jun 28th, 2024
Big Data Career Notes: June 2024 Edition

Sumo Logic, a provider of big data observability solutions, announced two new executive appointments, including the appointment of John Visneski, to CISO, and the appointment of Lyndsey Filantres to the position of SVP of Growth.

Business Wire
May 13th, 2024
Sumo Logic Named A Challenger In The 2024 Gartner® Magic Quadrant™ For Security Information And Event Management (Siem)

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Sumo Logic, the leading SaaS Log Analytics Platform, today announced its position in the Challengers’ Quadrant of the Gartner 2024 Magic Quadrant for Security Information and Event Management (SIEM). Sumo Logic Cloud SIEM streamlines threat detection, response and remediation by automating manual tasks and uniquely providing contextualized threat data and insights so security analysts can efficiently remediate critical threats. To further tune threat detection and minimize false positives, Sumo Logic’s Cloud SIEM Insight Trainer applies AI to suggest detection severity adjustments and tuning recommendations automatically. Cloud SIEM also offers a comprehensive view of adversary tactics, techniques and procedures (TTPs) with its MITRE ATTCK Coverage Explorer, enabling security analysts to compare their exposure to global intelligence and elevate threat detection. Through Cloud SIEM’s modern security analytics, security teams can focus their attention on true positives and use actionable insights to inform remediation efforts. “We are excited to be recognized for our Cloud SIEM solution as ‘a Challenger' in the 2024 Gartner Magic Quadrant for SIEM.”

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