Friday, November 8, 2024
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Graylog: Raises $18M in Growth Equity Funding

Graylog Raises $18M in Growth Equity Funding

  • Graylog, a Houston, TX-based provider of next-generation log management solutions, raised $18m in growth equity funding
  • The round was led by new investor Harbert Growth Partners and co-investor Piper Sandler Merchant Banking with participation from existing investors
  • The company intends to use the funds to accelerate growth plans and enhance its solutions
  • The company continued to grow rapidly during the challenging business climate over the last year
  • The company recently expanded its European operations and won several awards
  • The platform provides a centralized log management solution built for speed and scale in capturing, storing, and enabling real-time analysis of terabytes of machine data

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