University College Dublin big data spin-out Logentries receives innovation award to complete an ambitious 2013.
Logentries, a big data spin-out of University College Dublin (UCD), has added the final relish to a momentum-gathering year by picking up an innovation award.
The award was presented by NovaUCD, the tech transfer unit of UCD, and recognises not only Logentries software-as-a-service (SaaS) platform, but also the startup’s $10m series A round held earlier in the year – the largest single investment in a UCD spin-out to date – and its recent commitment to expansion, which will include a further 20 new jobs to be created in Dublin.
Founded in 2010 following collaborative research between UCD and computer manufacturer IBM, Logentries specialises in handling machine-generated log data. Its SaaS platform filters and prioritises the results of the data, making it more accessible and versatile for clients. Since its launch, the company has attracted 10,000 users, and handles over 10 billion log entries per day.
Viliam Holub, Logentries co-founder and chief technical officer, said: “While we are honoured to accept this prestigious award, the feeling within the Logentries team is that we are just getting started. We are expanding our team rapidly right now and in particular are hoping to attract more talented employees for our Dublin office from a range of disciplines including software development, data scientists & devops engineers.”
