November 17, 2017 11:56 PM ET

Internet Software and Services

Company Overview of LogsHero Ltd.

Company Overview

LogsHero Ltd. develops and operates an open-source log analysis platform. The company’s artificial intelligence platform combines machine learning and human interaction with data; a hosted Elasticsearch, Logstash, and Kibana (ELK) as a Service; an enterprise-grade ELK that provides alerts, S3 archiving, multi-user support, and real-time and scheduled reporting; and a predictive fault detection solution. It offers solutions for log data centralizing, troubleshooting and forensic, infrastructure monitoring, security and compliance, and business intelligence applications. LogsHero Ltd. was founded in 2014 and is based in Tel Aviv-Yafo, Israel.

Aluf Kalman Magen St 1

Tel Aviv-Yafo,  6107078

Israel

Founded in 2014

Phone:

972 3 757 1180

Key Executives for LogsHero Ltd.

Co-Founder, Chief Executive Officer and Director
Co-Founder, Vice President of Product, and Director
Chief Financial Officer
Director of Marketing and Communications
Vice President of Research and Development
Compensation as of Fiscal Year 2017.

LogsHero Ltd. Key Developments

Rent-A-Center Uses Logz.io Cognitive Insights to Uncover Irregularities in Log Data

Rent-A-Center has placed Cognitive Insights, Logz.io's revolutionary AI-powered IT analytics platform, at the core of its digital transformation strategy. Cognitive Insights uses machine learning to analyze human interaction with log data to uncover irregularities in IT environments. After embarking on this new system, RAC reported that Cognitive Insights helped the company to properly detect potential threats before they impact customers. As RAC began its digital transformation, the use of the open source ELK Stack was the obvious software to choose to centralize and monitor log data. The platform removes the necessity for developers and engineers to log directly into the production systems to view log data.

Logz.Io Appoints Jim Baum to its Board

Logz.io announced that Jim Baum, venture partner at OpenView, joins the company's board of directors. Baum currently serves as Executive Chairman of the board for Dyn and previously served as President and CEO of Netezza.

Logz.io Releases Cognitive Insights™

Logz.io released Cognitive Insights™. This new analytics solution is powered by artificial intelligence that identifies critical events in IT environments before they cause further damage to the bottom line. With the growing amount of machine-generated Big Data within organizations, it is unrealistic to expect human beings to look at every piece of information. This causes most companies to face the challenge of detecting critical events in their increasingly complex IT environments early enough in order to take corrective actions. Cognitive Insights proactively alerts IT managers to problems before they outwardly affect the business. At the heart of the Logz.io Cognitive Insights platform is the patent-pending Logz.io Unified Machine Intelligence (UMI™) engine, which leverages hundreds of different data sources to understand how humans are interacting with data. Logz.io UMI operates similarly to Google's PageRank algorithm and Amazon's product recommendations. The engine includes supervised machine-learning algorithms that piece together human interactions with log data as well as social threads, discussion forums, and open source repositories to create a living data pool of hundreds of thousands of known, important, and relevant insights that may even contain resolutions to critical issues.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
November 15, 2017
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