The open source tools provider took its funding past the $100m mark in a round featuring Siemens’ Next47 subsidiary.
US-based log-analysis technology provider Logz.io secured $52m on Wednesday in a series D round that included industrial equipment and appliance producer Siemens’ Next47 unit.
Venture capital firm General Catalyst led the round, which also featured OpenView Venture Partners, 83North, Giza Venture Capital, Vintage Investment Partners and Greenspring Associates.
Founded in 2014, Logz.io has developed a platform that bundles together open source tools to help developers monitor, troubleshoot and secure applications through artificial intelligence and machine learning technology.
OpenView led the…
