LogEntries Secures $10M Led By Polaris Ventures To Scale Log Management For SMEs

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http://techcrunch.com – Last year LogEntries secured a $1.1M seed round led by Polaris Venture Partners. Similar to Splunk, which has IPO’d, LogEntries collects and analyzes huge quantities of machine-generated log data, helping companies track their application logs. But unlike Splunk, which works with big enterprise or ‘the Fortune 500′, LogEntries wants to go after SMEs, or ‘the Fortune 5 million’. To that end it’s now received $10 million in Series A financing, once again led by Polaris Partners, and participated in by Floodgate, RRE Ventures and new local Irish firm Frontline Vent (IT news)