M&A Deal Summary

Sumo Logic Acquires FactorChain

On January 23, 2018, Sumo Logic acquired internet software and services company FactorChain

Acquisition Highlights
  • This is Sumo Logic’s 1st transaction in the Internet Software and Services sector.
  • This is Sumo Logic’s 1st transaction in the United States.
  • This is Sumo Logic’s 1st transaction in California.

M&A Deal Summary

Date 2018-01-23
Target FactorChain
Sector Internet Software and Services
Buyer(s) Sumo Logic
Deal Type Add-on Acquisition

Target

FactorChain

Los Altos, California, United States
FactorChain, Inc. is a developer of incident response acceleration system for cyber security operations. FactorChain, Inc. was founded in 2014 and is headquartered in Los Altos, California.

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Buyer(S) 1

Buyer

Sumo Logic

Redwood City, California, United States

Category Company
Founded 2010
Sector Internet Software and Services
Revenue 242M USD (2022)
DESCRIPTION

Sumo Logic is an entity which provides a cloud-native software-as-a-service platform that enables organizations of all sizes to address the data challenges and opportunities presented by digital transformation, modern applications, and cloud computing. The Sumo Logic Continuous Intelligence Platform automates the collection, ingestion, and analysis of application, infrastructure, security, and IoT data to derive actionable insights within seconds. More than 2,100 customers around the world rely on Sumo Logic to build, run, and secure their modern applications and cloud infrastructures. Sumo Logic was founded in 2010 and is based in Redwood City, California.


DEAL STATS #
Overall 1 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: California M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2018 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-02 Sensu

Portland, Oregon, United States

Sensu provides a future-proof solution for multi-cloud monitoring at scale, empowering businesses to automate their monitoring workflows and gain deep visibility into their infrastructure, from Kubernetes to bare metal. Sensu is based in Portland, Oregon.

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