SD Times News Digest: LogDNA Announces Series D
LogDNA, the observability data platform, today announced a $50 million Series D funding round led by cybersecurity investment and advisory firm, NightDragon. This financing round also includes participation from existing investors Emergence and Initialized Capital.
The investment comes on the heels of Deloitte’s 2021 Technology Fast 500, which highlighted LogDNA’s 1293% revenue growth from 2017 to 2020. This influx of financing will allow LogDNA to accelerate time to market for a new observability data pipeline solution that will enable enterprises to ingest all of their data into a single platform, normalize it, and route it to the correct teams.