Bengaluru and US-based LOGIQ, an observability platform for IT administrators and DevOps teams, has raised $1.8 million in its first institutional seed funding round, led by Leo Capital.
As per the startup, it plans to use the funds to expand its AI/ML capabilities and onboard more customers.
Founded in 2019 by Ranjan Parthasarathy and Tito George, LOGIQ is the creator of the LOGIQ platform, a converged data analysis software that brings ingest, indexing, search, SQL, and streaming capabilities backed by any S3 compatible object-store.
LOGIQ Log Insights is built on this converged architecture bringing scalability and simplicity to your IT operations analytics projects.
Talking about the funding, Tito George, Co-founder of LOGIQ, said,
“Data is the new oil across enterprises. However, there is also a need for a solution that helps them manage this data efficiently without hampering their operational efficiency or infrastructure. This is what LOGIQ has set out to do with its products and offerings. This funding will help us take our solutions to more industry stakeholders.”
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