Logging startups are suddenly hot as CrowdStrike nabs Humio for $400M

Logging startups are suddenly hot as CrowdStrike nabs Humio for $400M

3 years ago
Anonymous $rH7oE7DjRg

https://techcrunch.com/2021/02/18/logging-startups-are-suddenly-hot-as-crowdstrike-nabs-humio-for-400m/

A couple of weeks ago SentinelOne announced it was acquiring high-speed logging platform Scalyr for $155 million. Just this morning CrowdStrike struck next, announcing it was buying unlimited logging tool Humio for $400 million.

In Humio, CrowdStrike gets a company that will provide it with the ability to collect unlimited logging information. Most companies have to pick and choose what to log and how long to keep it, but with Humio, they don’t have to make these choices with customers processing multiple terabytes of data every single day.

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