Logz.io Raises $8M In Series A

 October 6, 2015 | Logz.io, the next generation cloud predictive log analytics company, announced the closure of their Series A fundraising round, bringing the total amount raised to $8 million. The round was led by Israeli VC firms, 83North (formerly Greylock-IL) and Giza Venture Capital. The company will use the funding to fuel additional product development and build sales, marketing, and support teams. Founded by Tomer Levy and Asaf Yigal in 2014, Logz.io uses unique crowd sourced machine learning algorithms to help customers find the needle in the haystack in their log data.