in-memory technology Startups

Sumo Logic, a SaaS cloud analytics company founded around 2010, serves over 1,300 paying customers, with about half in enterprise and the rest in mid-market and SMB, according to CEO Ramin Seyer. It has raised about $160 million over five rounds and reports net dollar retention well above 150%, with an LTV-to-CAC ratio near 3. The company reduced its cost of sale by more than 40% after shifting its focus from security buyers to DevOps users.