Hydrolix, a Portland-based data management startup, has successfully raised $80 million in a Series C funding round led by QED. This latest investment brings the company's total funding to $148 million. The funding will be utilized to enhance its log data analytics platform, which is designed to help organizations manage vast amounts of log data generated by AI, cloud, and security platforms. CEO Marty Kagan, Chief Scientist Hasan Alayli, and CTO Todd Persen are at the forefront of this initiative, aiming to redefine the economics of log data management.
Hydrolix Raises $80M to Expand Log Data Analytics Platform https://t.co/FczBCOtVZZ #Hydrolix #BigDATAwire
Data management startup Hydrolix reels in $80M https://t.co/bMBHTu9JXU
Portland-based Hydrolix, a data lake service that offers a repository for log data, raised an $80M Series C led by QED, bringing its total raised to $148M (@taylor_soper / GeekWire) https://t.co/dKrK2W5aQN https://t.co/wuR81nr1kN https://t.co/ZOzeer1FAj