Sumo Logic Acquires FactorChain to Pioneer New Security Analytics Essential for Cloud and Modern Application Delivery
Sumo Logic, the leading cloud-native, machine data analytics platform that delivers continuous intelligence, today announced it has acquired FactorChain, an early stage security company with a Security Investigation Platform that makes transformational improvements in speed and depth of threat investigations, enabling resolution of complex threats spanning both IT and security in minutes instead of hours. Combined with Sumo Logic’s machine data analytics strength across the cloud infrastructure, platform and application layers, this acquisition accelerates the development of a new class of converged IT ops and security solutions, which are essential for modern application delivery in the cloud.
"We are seeing more and more digital businesses struggling to adapt traditional security models to cloud and modern application delivery," said Ramin Sayar, CEO of Sumo Logic. "Resolving which threats to assess in the avalanche of alerts and how to quickly resolve them is a challenging enough problem in traditional IT environments. However, in the dynamic large-scale cloud environment, this problem can’t possibly be answered without new thinking in security analytics and operations. The FactorChain acquisition accelerates our vision of a new model that converges operations and security in the cloud and provides innovative solutions to persistent challenges in investigation workflows at cloud scale. We’re thrilled to welcome the team onboard to drive our shared vision and disrupt traditional legacy SIEM markets moving too slowly to keep pace with accelerating cloud transitions."


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