Graylog, a Houston, TX-based security information and event management (SIEM) and log management company, raised $39M in funding.
The round was led by Silver Lake Waterman and existing investors Piper Sandler Merchant Banking and Harbert Growth Partners.
The company intends to use the funds to leverage the new funding to accelerate product development and differentiation, scale global go-to-market operations, and bridge to profitability.
Led by CEO Andy Grolnick, Graylog elevates cybersecurity and IT operations through SIEM, Centralized Log Management, and API Security solutions which provide Threat Detection & Incident Response across diverse attack surfaces, blending AI/ML, advanced analytics, and design. Graylog is also used for troubleshooting daily IT performance and availability issues.
In July 2023, Graylog entered the API Security market segment by acquiring Resurface.io’s API security platform. Graylog API Security helps customers monitor and defend the increasingly vulnerable API attack surface. The company has grown its presence in Europe and Asia Pacific by adding personnel and strategic channel partners over the past year. To help streamline procurement for customers worldwide, Graylog is now available on the AWS Marketplace with plans for more listings in 2024.
Founded in Hamburg, Germany, and now headquartered in Houston, Texas, the company provides solutions deployed in more than 50,000 installations across 180 countries.
FinSMEs
31/10/2023