Company Sees Accelerated Growth of Enterprise CustomersMOUNTAIN VIEW, Calif. – June 14, 2013 – Sumo Logic, the next-generation log management and analytics company, today announced the opening of its new headquarters in Redwood City, California. The move comes as a direct result of strong company growth and sustained marketplace traction. "Our rapid growth is testament to the proven business value of our SaaS offerings in the enterprise with customers like Orange, Netflix and Scripps Networks," stated Vance Loiselle, president and CEO of Sumo Logic. "This move reinforces the strong opportunity we see in the log management and machine data analytics sector, particularly as more companies adopt a real-time, cloud-based architecture." Sumo Logic headquarters now occupies a 36,000-square-foot facility, housing the expanding engineering, sales and marketing teams. In the past six months, the company has seen rapid customer growth across a variety of vertical markets including deals with top three asset management, credit card association, gaming, smartphone manufacturing and software-as-a-service (SaaS) organizations. Sumo Logic now processes over 1.5 million customer searches per month across over 300 terabytes of searchable data, which represents 400 percent growth in the last two quarters. Sumo Logic’s new offices are located at 305 Main Street, in Redwood City, California.
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About Sumo LogicSumo Logic is the next generation log management and analytics company that leverages Big Data for real-time IT insights. The company's cloud-based service provides customers with real-time interactive analytics at unprecedented petabyte scale. The Sumo Logic service is powered by patent-pending Elastic Log Processing™ and LogReduce™ technologies, and transforms log data into actionable insights for IT operations, application management, and security and compliance teams. Unlike expensive and complex premise-based solutions, the Sumo Logic service has a low TCO, can be deployed instantly, scales elastically and requires zero maintenance. The company is based in Silicon Valley and is backed by Accel Partners, Greylock Partners and Sutter Hill Ventures. For more information, visit www.sumologic.com.
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