BIG DATA
BIG DATA
BIG DATA
Reddit co-founder’s venture capital fund bets $7M on LogDNA
LogDNA Inc., a startup that helps organizations such as Elon Musk’s OpenAI foundation monitor their infrastructure and applications, today announced that it has secured a $7 million round of financing.
The investment came from San Francisco-based Initialized Capital. It’s an early-stage fund that was launched in 2011 by Reddit Inc. co-founder Alexis Ohanian with former Y Combinator partner Garry Tan. Since then, the firm has backed several high-profile startups, including same-day grocery delivery provider Instacart Inc. and Soylent Corp., the somewhat controversial meal substitute maker.
LogDNA, for its part, has a much more conventional business model. The startup sells a cloud platform for analyzing operational logs generated in a company’s application environment. According to LogDNA, the product sets itself apart from competing offerings with an accommodating pay-as-you-go pricing scheme and an interface that uses machine learning to ease the normally tedious task of extracting useful information from raw logs.
Among the main selling points is a set of filters aimed at helping users quickly find the data they’re looking for. If a developer wishes to, say, check the logs from a time frame in which an application experienced performance issues, they can quickly jump to the desired point using a natural-language command. LogDNA said its platform understands truncated input such as “Thu afternoon” just as well as a numeric date range.
The diagnostics interface is paired with a visualization tool that can be used to turn logs into a graph for easy viewing. There’s also an alerting mechanism that lets users have LogDNA notify them when a potential problem or some other notable event occurs.
Using the new capital, LogDNA plans to extend its machine learning features so that developers can not merely identify issues when they happen but preempt certain types of outages. The startup will also put resources into creating an on-premises version of the platform for companies that can’t upload their infrastructure logs to the cloud for security or regulatory reasons.
Image: Unsplash
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