Sumo Logic, Inc.

General Information
Business:

 

Sumo Logic empowers organizations to close the intelligence gap.

Sumo Logic is the pioneer of Continuous Intelligence, a new category of software, which enables organizations of all sizes to address the challenges and opportunities presented by digital transformation, modern applications, and cloud computing. Our Continuous Intelligence Platform enables organizations to automate the collection, ingestion, and analysis of application, infrastructure, security, and IoT data to derive actionable insights within seconds. Continuous intelligence leverages artificial intelligence and machine learning capabilities, and is provided as a multi-tenant cloud service that allows organizations to more rapidly deliver reliable applications and digital services, protect against modern security threats, and consistently optimize their business processes in real time. This empowers employees across all lines of business, development, IT, and security teams with the data and insights needed to address the technology and collaboration challenges required for modern business. With our Continuous Intelligence Platform, executives and employees have the intelligence they require to take prescriptive action in real time—a modern business imperative.

Industry: PREPACKAGED SOFTWARE
Employees: 710
Founded: 2010
Contact Information
Address Sumo Logic, Inc. 305 Main Street Redwood City, CA 94063
Phone Number (650) 810-8700
Web Address http://www.sumologic.com
View Prospectus: Sumo Logic, Inc.
Financial Information
Market Cap $1875.1mil
Revenues $181.4 mil (last 12 months)
Net Income $-98.9 mil (last 12 months)
IPO Profile
Symbol SUMO
Exchange NASDAQ
Shares (millions): 14.8
Price range $22.00 - $22.00
Est. $ Volume $325.6 mil
Manager / Joint Managers Morgan Stanley/ JPMorgan/ RBC Capital Markets/ Jefferies
CO-Managers William Blair/ Cowen/ Piper Sandler/ BTIG
Expected To Trade: 9/17/2020
Status: Priced
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