Networking technology provider Cisco took part in an $11.5m funding round for US-based log management software developer Loggly today that was led by venture capital firm True Ventures.
The round, which also included Matrix Partners, Trinity Ventures, Harmony Partners and Data Collective Venture Capital, increased Loggly’s overall funding to more than $47m.
Loggly provides log management technology for operators of cloud-based services, helping them aggregate large amounts of log data in a single place where they can use it to gain insights.
Charlie Oppenheimer, Loggly’s CEO, said: “This funding enables Loggly to further accelerate innovation in powerful analytics, alerts, search capabilities and other key areas so our customers can find root causes faster, spot anomalies earlier and monitor the health of their applications and infrastructure.”
Cisco previously took part in Loggly’s $10.5m series B round in 2013 alongside Trinity, True Ventures, Data Collective and Matrix Partners, before all five returned for a $15m series C the following year that also included Harmony Partners.