Last year LogEntries secured a $1.1M seed round led by Polaris Venture Partners. Similar to Splunk, which has IPO’d, LogEntries collects and analyzes huge quantities of machine-generated log data, helping companies track their application logs. But unlike Splunk, which works with big enterprise or ‘the Fortune 500′, LogEntries wants to go after SMEs, or ‘the Fortune 5 million’.
To that end it’s now received $10 million in Series A financing, once again led by Polaris Partners, and participated in by Floodgate, RRE Ventures and new local Irish firm Frontline Ventures. It’s also named Andrew Burton as president and CEO. SaaS Veteran Burton previously held executive roles through two startup IPO’s. LogEntries will use the funds to accelerate product development and expand.
LogEntries claims to have no complex query language and can identify and alert on significant events in a company’s data. The real-time search solution works across the entire software stack and was founded by Dr. Trevor Parsons and Dr. Viliam Holub. It also plugs into Heroku.
Log management systems are notorious for requiring complex technical skills, but instead uses a “collective intelligence” model deal with the data and turn it into actionable insights. The real-time search solution works across the entire software stack was founded by Dr. Trevor Parsons and Dr. Viliam Holub.
Founded in 2010, LogEntries emerged from University College Dublin’s Performance Engineering Laboratory after a decade of joint research with IBM. With support from Launchpad, UCD’s Nova Innovation Center and financial support from Enterprise Ireland, LogEntries was incubated in Dogpatch Labs, Dublin. Polaris backs Dogpatch in Dublin and SF.
via TechCrunch http://feedproxy.google.com/~r/Techcrunch/~3/sYLo2FEsXM0/
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