SolarWinds acquires log-monitoring servi...

Article published by: https://techcrunch.com/
Author: Frederic Lardinois
Source URL: https://techcrunch.com/2018/01/08/solarwinds-acquires-log-monitoring-service-loggly/

SolarWinds, the company behind services like Pingdom, Papertrail and AppOptics, today announced that it has acquired the cloud-based log-monitoring and analytics service Loggly.

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The two companies did not disclose the price of the acquisition, but Loggly, which was founded in 2009, had raised about $47 million over the years, including an $11.5 million Series D round in 2016. Investors include True Ventures, Matrix Partners, Cisco, Trinity Ventures and Harmony Partners. According to its marketing materials, about a third of the Fortune 500 use the company’s services, including the likes of Lenovo, Pizza Hut and Dell.

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