Siemens-backed software tracing platform developer Logz.io pulled in cash through a Pitango Growth-led round to bring its overall funding above $120m.
Logz.io, an Israel-based software monitoring technology developer backed by industrial equipment and appliance producer Siemens, has secured $23m in a funding round led by venture capital firm Pitango Growth.
Founded in 2014, Logz has built a cloud-based software platform that enables IT engineers to monitor, log and analyse the performance of applications across multiple infrastructures.
The product incorporates separate tools for logging, tracking and tracing applications, in addition to collecting cybersecurity data.
The company has earmarked the funding for recruitment,…
