OverviewSuggest Edit

Sumo Logic is a provider of a machine data analytics platform to operate and secure applications and cloud infrastructures. Its Continuous Intelligence Platform enables organizations to automate the collection, ingestion, and analysis of application, infrastructure, security, and IoT data to derive actionable insights. The company serves cloud architects, compliance managers, developers, IT Ops, security analysts, and DevOps engineers across a range of industries, including public sector, education, gaming, financial services, manufacturing, and retail.
TypePublic
Founded2010
HQRedwood City, CA, US
Websitesumologic.com
Employee Ratings3.6
Overall CultureB

Latest Updates

Employees (est.) (Jan 2021)759
Job Openings111
Revenue (FY, 2021)$202.6 M(+31%)
Share Price (Jul 2021)$21

Key People/Management at Sumo Logic

Ramin Sayar

Ramin Sayar

President & CEO, Board Member
Christian Beedgen

Christian Beedgen

Co-Founder and CTO, Board Member
Sandeep Khanna

Sandeep Khanna

Chief Development Officer
Steve Fitz

Steve Fitz

Chief Revenue Officer
Sydney Carey

Sydney Carey

Chief Financial Officer
Bruno Kurtic

Bruno Kurtic

Founding VP of Strategy and Solutions
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Sumo Logic Office Locations

Sumo Logic has offices in Redwood City, Austin, Denver, New York and in 5 other locations
Redwood City, CA, US (HQ)
305 Main St
Austin, TX, US
11420 Rock Rose Ave #200
Denver, CO, US
999 18th St
New York, NY, US
315 W 36th St
New York, NY, US
368 9th Ave
Sydney, AU
Level 9/64 York St
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Sumo Logic Financials and Metrics

Sumo Logic Revenue

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Sumo Logic's revenue was reported to be $202.64 m in FY, 2021 which is a 30.7% increase from the previous period.
USD

Revenue (Q1, 2022)

54.2m

Gross profit (Q1, 2022)

38.8m

Gross profit margin (Q1, 2022), %

71.6%

Net income (Q1, 2022)

(26.9m)

EBIT (Q1, 2022)

(26.5m)

Market capitalization (23-Jul-2021)

2.3b

Closing stock price (23-Jul-2021)

21.0

Cash (30-Apr-2021)

143.1m

EV

2.1b
Sumo Logic's current market capitalization is $2.3 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

103.6m155.1m202.6m

Revenue growth, %

53%50%31%

Cost of goods sold

29.0m44.5m56.5m

Gross profit

74.6m110.6m146.1m
Quarterly
USDQ3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

27.0m32.5m37.8m40.5m47.2m49.4m51.9m54.2m

Cost of goods sold

7.1m8.8m9.1m11.2m14.4m14.1m13.6m15.4m

Gross profit

19.9m23.6m28.7m29.3m32.8m35.3m38.3m38.8m

Gross profit Margin, %

74%73%76%72%69%71%74%72%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

65.6m101.5m404.1m

Accounts Receivable

17.2m27.0m44.8m

Prepaid Expenses

5.0m6.3m10.5m

Current Assets

96.0m145.3m475.3m
Quarterly
USDQ2, 2021Q3, 2021Q1, 2022

Cash

98.1m407.5m143.1m

Accounts Receivable

29.5m41.7m43.9m

Prepaid Expenses

3.0m8.6m9.9m

Current Assets

141.6m471.2m360.4m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

(47.8m)(92.1m)(80.3m)

Depreciation and Amortization

2.0m4.3m8.3m

Accounts Payable

(1.4m)732.0k(1.3m)

Cash From Operating Activities

(22.1m)(48.6m)(47.2m)
Quarterly
USDQ2, 2020Q3, 2020Q2, 2021Q3, 2021Q1, 2022

Net Income

(29.0m)(57.6m)(35.8m)(59.7m)(26.9m)

Depreciation and Amortization

1.2m1.9m4.1m6.2m2.0m

Accounts Payable

1.5m56.0k(992.0k)(149.0k)1.4m

Cash From Operating Activities

(15.5m)(29.8m)(27.9m)(46.2m)(2.7m)
USDQ3, 2019

Revenue/Employee

50.9k
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Sumo Logic Operating Metrics

Sumo Logic's Users was reported to be 150 k in FY, 2021.
Jun, 2017FY, 2018FY, 2019May, 2019FY, 2020Jul, 2020FY, 2021

Countries

1313

Patents (US)

1922

Paying Customers

1.5 k1.63 k1.9 k2 k2.14 k2.13 k2.16 k

Users

125 k150 k
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Sumo Logic Acquisitions / Subsidiaries

Company NameDateDeal Size
DFLabsMarch 10, 2021
Jask LabsOctober 25, 2019$55.1 m
FactorChainJanuary 23, 2018

Sumo Logic Revenue Breakdown

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Sumo Logic revenue breakdown by geographic segment: 84.5% from United States and 15.5% from International

Sumo Logic Online and Social Media Presence

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Sumo Logic Company Culture

  • Overall Culture

    B

    72/100

  • CEO Rating

    B

    70/100

  • Compensation

    B

    73/100

  • Diversity

    C

    68/100

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Sumo Logic News and Updates

Sumo Logic Accelerates Expansion Across Japan to Help Meet the Demand for Modern Security and Observability Solutions

Sumo Logic’s Cloud SIEM Solution Now Provides Superior Performance and Data Residency for Japanese Customers; Company Appoints New Country Manager to Further Drive Customer and Partner Growth Across the Region Sumo Logic’s Cloud SIEM Solution Now Provides Superior Performance and Data Residency for …

Sumo Logic Named a Visionary in the 2021 Gartner Magic Quadrant for Security Information and Event Management (SIEM)

Company Positioned for the First Time as a Visionary in the 2021 Gartner Magic Quadrant for Cloud-Native SIEM Approach to Modernizing Security Operations

$2.2 billion Sumo Logic has a 'Prosperity Team' dedicated to cutting its Amazon cloud costs, and its CTO says its return on investment is 'basically infinite' (SUMO)

Summary List PlacementSumo Logic, the $2.2 billion data analytics company that went public last year, has been proudly built on Amazon's cloud since its founding in 2010, says Christian Beedgen, the company's CTO and cofounder. Over the past decade, it has continued working closely with Amazon Web…

Sumo Logic Hosts The Modern SOC Summit to Usher in New Era of Security

New Products and Enhancements Help SOC Teams Achieve Greater Cyber Resilience and Solidify Sumo Logic as a Leader in Rapidly-Evolving SIEM and SOAR Markets;

Sumo Logic Announces First Quarter Fiscal 2022 Financial Results

First quarter revenue grew 15% year-over-year to $54.2 million

Sumo Logic, Inc. (SUMO) Q1 2022 Earnings Call Transcript

Greetings, and welcome to the Sumo Logic first-quarter fiscal 2022 earnings call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator instructions] Please note, this conference is being recorded.
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Sumo Logic Blogs

How Sumo Logic Maps DevOps Topologies

A few years ago, our UX team created personas for Sumo Logic. The intention with the personas was to capture the mindset of our different users and to create a common vocabulary throughout our organization. A salesperson could walk into a room with a marketing professional and a designer, and say th…

RSAC 19 Partner Cam: Sumo Logic & PagerDuty Deliver Seamless SecOps

It’s RSA Conference 2019 and Sumo Logic’s VP of Global Partner Sales & Alliances Jabari Norton caught up with Dave Cliffe, head of strategy at PagerDuty, one of our valued partners, to share some news about our joint integration that empowers customers to holistically manager their modern securi…

Endpoint Security Analytics with Sumo Logic and Carbon Black

Special thanks to Rishi Divate, Principal Technical Product Manager at Sumo Logic for his expert technical insight and contributions to this collaborative piece. As the threat landscape continues to expand, having end-to-end visibility across your modern application stack and cloud infrastructures i…

Sumo Logic Expands into Japan to Support Growing Cloud Adoption

In October of last year, I joined Sumo Logic to lead sales and go-to-market functions with the goal of successfully launching our newly established Japan region in Tokyo. The launch was highly received by our customers, partners, prospects and peers in the Japanese market and everyone walked away fr…

The Key Message from KubeCon NA 2018: Prometheus is King

KubeCon North America – Seattle I made the trip up to Seattle for KubeCon North America at the end of 2018 along with a bunch of us from Sumo Logic. KubeCon is a conference that specializes in all things Kubernetes and focuses on updating the world on the state of the Kubernetes ecosystem. This year…

Recapping the Top 3 Talks on Futuristic Machine Learning at Scale By the Bay 2018

As discussed in our previous post, we recently had the opportunity to present some interesting challenges and proposed directions for data science and machine learning (ML) at the 2018 Scale By the Bay conference. While the excellent talks and panels at the conference were too numerous to cover here…
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Sumo Logic Frequently Asked Questions

  • When was Sumo Logic founded?

    Sumo Logic was founded in 2010.

  • Who are Sumo Logic key executives?

    Sumo Logic's key executives are Ramin Sayar, Christian Beedgen and Sandeep Khanna.

  • How many employees does Sumo Logic have?

    Sumo Logic has 759 employees.

  • What is Sumo Logic revenue?

    Latest Sumo Logic annual revenue is $202.6 m.

  • What is Sumo Logic revenue per employee?

    Latest Sumo Logic revenue per employee is $267 k.

  • Who are Sumo Logic competitors?

    Competitors of Sumo Logic include Maana, Exabeam and SevOne.

  • Where is Sumo Logic headquarters?

    Sumo Logic headquarters is located at 305 Main St, Redwood City.

  • Where are Sumo Logic offices?

    Sumo Logic has offices in Redwood City, Austin, Denver, New York and in 5 other locations.

  • How many offices does Sumo Logic have?

    Sumo Logic has 10 offices.