Cisco, together with other firms including Data Collective Venture Capital, Trinity Ventures, True Ventures and Matrix Partners, has invested in log management startup Loggly, bringing its overall venture financing to $20.9m.
Loggly’s hosted service enables firms to upload server log files into a central storehouse and run analysis upon them using its technology partially built on the open source ElasticSearch and Lucene technologies.
Loggly CEO Charlie Oppenheimer said that processing log data is the first big data problem that every cloud-centric organisation faces, whether they are a pure play Internet company or a division of a large diversified company.
"These organisations know that rapidly recognising insights from log data is critical to maintaining a world-class operation," Oppenheimer said.
"Yet they also know that developing or running their own log management systems saps valuable resources away from their core business focus,
"Combine this with the obvious pedal-to-the-metal growth of these customers, and it’s easy to recognise what an extraordinary opportunity we have in front of us."
Loggly has also launched the new Gen2 platform, which incorporates a new user interface, new analytical tools and a scaled-out architecture to serve large customer requirements.
The firm, which has a customer base of 3,500, has reported five times growth over the 2012.
The company’s Log Management platform is implemented by firms including Electronic Arts, Intuit, PGI, Salesforce, Samsung and Uber, to capture, analyse, examine and report on log data in real time.
