LogDNA Snags $50 Million for Data Observability Tech

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LogDNA Snags _50 Million for Data Observability Tech

LogDNA has secured a new $50 million investment led by Dave DeWalt’s NightDragon venture capital firm.

In addition to NightDragon, Emergence Capital and Initialized Capital also participated in the latest financing round. The Series D funding round brings the total raised by the San Francisco Company to $110 million and provides capital for LogDNA’s continued push into the log management and data observability market categories.

LogDNA, launched in 2015 by founders Chris Nguyen and Lee Liu, sells log management applications that provide insight into development and production environments. The company’s technology lets corporate teams ingest, aggregate, and view log data regardless of data residency and infrastructure. 

Read More: Securityweek

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