AI Log Analytics Company Raises $23 Million in Series C Funding’s platform uses machine-learning and AI technology to cut through large amounts of data generated by IT systems

Hagar Ravet 17:3215.11.17

Artificial intelligence-based log analysis startup announced a $23 million Series C funding round Wednesday. The round was led by OpenView Venture Partners, with participation from investors 83North Ltd., Giza Venture Capital, and Vintage Investment Partners.


For daily updates, subscribe to our newsletter by clicking here. has raised $47 million in capital to date. co-founders Tomer Levy and Asaf Yigal co-founders Tomer Levy and Asaf Yigal developed a platform that uses predictive analytics and machine-learning algorithms to detect and process meaningful data in volumes of information automatically generated by computer servers, applications, and network devices.


Since last funding round in 2016, the company tripled its customer base and revenue, said in a statement.



"We believe the rapid growth of our customer base and partner ecosystem is directly attributable to the type of outside-the-box thinking evidenced by our newest capabilities,” said Tomer Levy, CEO and co-founder. “We see a massive opportunity to help businesses of all sizes derive far more value from machine data than is currently possible under existing log analytics business models.”


Founded in 2014 and headquartered in Tel Aviv, employs 80 people, according to Linkedin.
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