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 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 predictable costs for clients while ensuring scalable access to their services. The company's goal is to empower businesses to enhance their efficiency and security 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 could boost customer base and revenue in Asia-Pacific.
  • Recognition as a Challenger in Gartner's 2024 Magic Quadrant enhances market credibility.
  • New AI capabilities align security and development teams, strengthening competitive edge in DevSecOps.

What critics are saying

  • Emerging AI-driven analytics platforms may erode Sumo Logic's market share.
  • Rapid AI advancements require significant investment to maintain competitive capabilities.
  • Economic uncertainties could reduce IT spending, impacting subscription renewals and acquisitions.

What makes Sumo Logic unique

  • Sumo Logic offers a unique Flex Licensing model with free, unlimited log data ingest.
  • The company provides a cloud-native platform for real-time, continuous intelligence across data types.
  • Sumo Logic's Cloud SIEM solution includes the MITRE ATT&CK Threat Coverage Explorer feature.

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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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