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 based on their service level and data usage. The company's goal is to enable 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

  • Expansion into South Korea opens new customer bases in the Asian market.
  • Recognition as a Challenger in Gartner's Magic Quadrant enhances credibility and attracts clients.
  • Flex Licensing model removes cost barriers, potentially increasing customer acquisition.

What critics are saying

  • Increased competition from companies like Magna5 could threaten market share.
  • Free data ingest model may lead to revenue challenges if not enough paying customers.
  • Rapid global data growth could overwhelm infrastructure, affecting service reliability.

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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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

0%

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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