Graylog nabs $18M to handle and analyze log information

Graylog, a platform for collecting, indexing, and analyzing log messages, today announced it has completed an $18 million development equity round led by new investor Harbert Growth Partners and co-investor Piper Sandler Merchant Banking. CEO Andy Grolnick says the funds, which bring Graylog’s total raised to $28.5 million, will assistance the company’s development as it appears to turn out to be a leader in the log management and analytics industry.

Traditional log management options can introduce a host of challenges, maybe most usually the inability to distinguish superior from potentially negative activity. Without evaluation capabilities, they cannot correlate or evaluate information in a way that could save  IT teams time and work. The majority of organizations are failing to turn out to be information-driven, according to a current report, and a lack of software program intelligence and incompatibilities are generally accountable for log mismanagement.

Founded in 2012, Houston, Texas-based Graylog aims to resolve these  challenges with a technique that supports genuine-time evaluation of machine log information. Graylog’s platform is created to support customers discover log information to address safety, compliance, operational, and app development troubles. Grolnick says the company’s resolution, which is deployed in more than 50,000 installations and across more than one hundred,000 customers, is “purpose-built” for contemporary analytics.

Graylog started as an open supply log management project in Hamburg, Germany in 2009, when founder and CTO Lennart Koopmann set out to resolve some of the log management complications facing app developers, IT, and safety teams. Since then, Graylog’s use situations have expanded to DevOps, as properly as centralized log management and IT operations, according to Grolnick.

“While threat detection, compliance, and troubleshooting of IT and DevOps issues tend to be the primary use cases of solutions like Graylog, customers leverage Graylog for business intelligence use cases as well. Also, looking for user or network anomalies using machine learning techniques with solutions like Graylog can enhance threat detection in an organization,” Grolnick told VentureBeat through e-mail.

Managing log information

With Graylog, corporations can acquire insight into log information by constructing and combining searches for evaluation and reporting. The platform provides a single supply of information, enabling teams to trigger alerts through e-mail, text, Slack, and more based on relationships in between events, and even missing events. Graylog lets developers launch queries in minutes, execute them, and view them in genuine time, as properly as chaining queries collectively so the benefits of one initiate the next, generating a threat-hunting or root lead to evaluation workflow.

Graylog can also retailer older information on slow storage and reimport it on demand. And it permits developers to add structured information — like threat intelligence — for quicker investigation. Moreover, working with Graylog, admins can manage who’s in a position to access information and capabilities and construct information displays that automate the delivery of reports to inboxes. They’re also in a position to integrate log information from Graylog into third-party systems and track who accessed which information and what actions they took, guaranteeing compliance and safety.

Graylog’s competitors in the more than $3.7 billion log management segment include things like Splunk, Elastic, and Sumo Logic. But the firm, which has about 75 workers, says it has continued to expertise “strong growth” for the duration of the pandemic and plans to expand its workforce to more than one hundred people today by 2022. Currently, it has 300 enterprise buyers.

Existing investors Mercury Fund, HTGF, and Integr8d Capital also participated in Graylog’s most up-to-date funding round.

Originally appeared on: TheSpuzz