Three Israeli Startups Raise A Total Of $37M

November 17, 2016 | Three Israeli companies, Logz.io, SeaLights, and Siemplify, announced major funding rounds this week, raising an aggregate total of $37 million. Logz.io, which combines machine learning with human insights so businesses can better understand and monitor their networks, raised $16 million, bringing the capital raised since its founding in late 2014 to $24 million. SeaLights announced it has raised $11 million. The company has developed a cloud platform, allegedly the first of its kind, for continuous quality assurance (QA) tests. Cyber security company Siemplify completed two financing rounds within nine months, raising $4 million in the first last February and $10 million in the current round.