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Logmatic.io raises $1m to fuel the growth of its log management platform – The first investment for the ISAI Seed Club
May 2015 by Marc Jacob
Logmatic.io enables IT decision-makers & operationals to better manage their systems with its innovative log
analytics platforms. Each and every server, connected device or mobile phone, continuously generates logs, or
machine data. They are found in massive volumes, unstructured, but contain a wealth of information on what is
happening right now on the systems. Leveraging continuous analytics on this data, Logmatic.io’s customers
understand, monitor & troubleshoot on a daily basis their systems.
Without any impact on your resources, logmatic.io collects & enriches these logs enabling you to benefit from
operational intelligence. “With Logmatic.io, we collect critical data from a large number of sources & transform
them in real-time into decision-making dashboards without any impact on our resources. It is a key asset in our
continuous improvement process and for supervising our application” says Francis Nappez, CTO and cofounder
of Blablacar.
Based on a proprietary technology developed over the last three years, logmatic.io has already attracted many
customers both in France and in the US. “Customer teams are continuously using the platform to improve their
digital systems. That level of customer engagement has in turn convinced entrepreneurs both in France and in
the Silicon Valley to join the round.” says Thierry Vandewalle, Shanghai-based French entrepreneur and leading
the ISAI Seed Club investment round.
“The one thing that stands out with Logmatic.io is the increasing value customers find with Logmatic.io.
Because it is easy to use and it delivers advanced analytics, business users tend to step in and Logmatic.io ends
up to become a data management platform for the IT systems” comments Jean-David Chamboredon, CEO of
ISAI.
Since the launch of the product, the company has experienced a very high growth.
“This is the exact reason we
wanted entrepreneurs and not just money in our round. Having ISAI on board with us is a great opportunity. It
made it easier to close the financing round and even before we signed, the Seed Club entrepreneurs started to
help” says Amirhossein Malekzadeh, CEO of Logmatic.io.
The round includes ISAI, SGPA (fund of entrepreneur Jean-Paul Guisset) and entrepreneurs such as Thierry
Vandewalle, Xavier Gury, Pierre Kosciusko-Morizet, Philippe Besnard, Bruno Massiet du Biest, Gilles Vaqué or
Edouard Bugnion.
