How does Sumo Logic make money?
Financial Model: Sumo Logic financial model is based on a subscription-based revenue model, supported by third-party data hosting costs to deliver the cloud-based platform and support services included in the subscription service.
What is Sumo Logic revenue?
155 million USD
Sumo Logic/Revenue
How many customers does Sumo Logic have?
1,600 customers
As a cloud-native, machine data analytics service on AWS, Sumo Logic serves more than 1,600 customers.
What does Sumo Logic do?
The Sumo Logic platform helps you make data-driven decisions and reduce the time to investigate security and operational issues so you can free up resources for more important activities.
Is Datadog publicly traded?
Datadog went public on the Nasdaq exchange on September 19, 2019, selling 24 million shares and raising $648 million.
Is sumo stock a buy?
Sumo Logic has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.
Who does Sumo Logic compete with?
Sumo Logic has 11 competitors. Sumo Logic’s competitors are Splunk, Logz.io, Perceivant, Datadog, Elastic and more.
Is Sumo Logic a good company?
Sumo Logic is a great company. That is doing some great things in the overlap of data, artificial intelligence and cybersecurity. The company is still very small, and growing very quickly, with a ton of long-term potential.
Who founded Sumo Logic?
As of May 2019, the company has collected VC funding totaling $345 million. On September 17, 2020 Sumo Logic debuted on the NASDAQ stock exchange in its initial public offering as a public company….Sumo Logic.
| Type | Public |
|---|---|
| Founded | 2010 |
| Founder | Kumar Saurabh, Christian Beedgen |
| Headquarters | Redwood City, California, USA |
When was Sumo Logic founded?
2010
Sumo Logic/Founded
Is DDOG overvalued?
PB vs Industry: DDOG is overvalued based on its PB Ratio (62.4x) compared to the US Software industry average (7.5x).