DevOps application log management platform LogDNA raised a $50M Series D round. The funding round was led by cybersecurity and investment firm NightDragon. Existing investors Initialized Capital and Emergence also participated in the round that pushed overall funding to $110M.
- LogDNA enables enterprises to maintain a healthy IT system with an observability platform that logs, metrics, and traces issues in IT infrastructure.
- The recent funding will be used to launch its new observability pipeline, expand its team, build new technical integrations, establish strategic partnerships, and accelerate taking the platform to the market.
- Its current client base includes IBM Cloud, Better, MANTL, Lifesize, and a few other startups and Fortune 500 companies.