REDWOOD CITY, CA--(Marketwired - Sep 7, 2016) - Sumo Logic, the leading cloud-native, machine data analytics service, today announced it has been named to the first-ever Forbes 2016 Cloud 100. The award profiles the world's top private companies leading the cloud technology revolution.
"Every company across every industry is being disrupted by new technologies and the business necessity to continuously innovate. It is exciting to see Forbes recognize Sumo Logic and our service as one of the key technologies that is helping to accelerate organizations' adoption of cloud computing," said Ramin Sayar, president and CEO of Sumo Logic. "Our job is to continue to provide the best continuous intelligence service available that mirrors the operational and security requirements of modern applications, so customers get the business insights they need and the ability to solve problems fast."
In partnership with Bessemer Venture Partners, Forbes received hundreds of submissions to identify the most promising private companies in cloud. The Forbes 2016 Cloud 100 was selected by a panel of judges representing leading public cloud companies, using qualitative and quantitative data submitted by nominees, along with publically available third-party data sources.
"Cloud companies are revolutionizing how businesses reach their customers today from digitizing painful old processes to allowing them more time to focus on what they really care about -- what makes their products unique," said Alex Konrad, Forbes editor of the Cloud 100 list. "Inclusion in the Forbes 2016 Cloud 100 list recognizes a company for its financial growth and excellence as recognized by customers and peers."
Each company on the Forbes 2016 Cloud 100 is recognized in print and online by Forbes. The companies will also be honored at a celebratory Cloud 100 Awards Dinner, hosted in San Francisco by Forbes, Bessemer Venture Partners and Salesforce Ventures.
"These are the companies to watch," said Byron Deeter, a leading cloud investor and partner at Bessemer Venture Partners. "The Forbes Cloud 100 companies represent the very best private companies in cloud computing. We will see big IPOs and category killers emerge from this list as cloud computing continues to propel the trillion-dollar software industry."
This recognition comes on the heels of Sumo Logic's recent announcement of the general availability of Unified Logs and Metrics (ULM), the industry's first machine data analytics platform to natively ingest, index and analyze metrics and log data together in real-time. Powered by patented machine learning technology, ULM transforms structured and unstructured data into real-time continuous intelligence for today's modern applications and business insights.
- View the Forbes 2016 Cloud 100 list
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About Sumo Logic
Sumo Logic is a secure, cloud-native, machine data analytics service, delivering real-time, continuous intelligence from structured, semi-structured and unstructured data across the entire application lifecycle and stack. More than 1,000 customers around the globe rely on Sumo Logic for the analytics and insights to build, run and secure their modern applications and cloud infrastructures. With Sumo Logic, customers gain a multi-tenant, service-model advantage to accelerate their shift to continuous innovation, increasing competitive advantage, business value and growth.
Founded in 2010, Sumo Logic is a privately held company based in Redwood City, CA and is backed by Accel Partners, DFJ, Greylock Partners, IVP, Sequoia Capital and Sutter Hill Ventures. For more information, visit www.sumologic.com.