Sumo Logic
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Sumo Logic, founded in 2010 in Redwood City, California, is a cloud-native SaaS analytics platform unifying log management and SIEM: its machine-data platform collects security and operational telemetry so security operations and engineering teams work from the same data to keep cloud-native applications reliable and secure. It went public on NASDAQ in September 2020 and was taken private by Francisco Partners in May 2023 for about 1.7 billion dollars.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Company founded
Sumo Logic is founded in Redwood City as a cloud-native machine-data analytics platform.
- Product launch
The company lists on NASDAQ in September 2020 under the ticker SUMO, raising about 326 million dollars.
- Acquisition
Francisco Partners completes its 1.7 billion dollar take-private acquisition at 12.05 dollars per share; Sumo Logic delists from NASDAQ.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.