Logging startups are suddenly hot as CrowdStrike nabs Humio for $400M – TechCrunch

A few weeks ago the Sentinelone announced that it was Getting high speed logging platform scallor For $ 155 million. Just this morning Crowdstrike Next, announcing that it is buying unlimited logging tools Humo For $ 400 million.

At Humio, CrowdStrike finds a company that will give it the ability to collect unlimited logging information. Most companies have to choose and choose what to log in and for how long, but with Humio, they don’t need to make these choices with customers processing several terabytes of data every single day .

Hameo CEO Geeta Schmidt writes A company blog post announcing the deal Her company is described in the same words as Scalier, the data lake for log information:

“We became a data lake for these enterprises enabling more time-to-search and more data sources to make them understand their entire environment, prepare for the unknown, prevent persistent issues, quickly recover from events and root causes. Helps to reach., “She wrote.

With Humio in the fold, this means that CrowdStrike can use this massive amount of data to help them deal with threats and attacks in real-time, reacting with them as they happen and finding out After trying to find out what happened, by the way, that point was also sent by the Sentinelone.

“A combination of real-time analytics and smart filtering built into CrowdStrike’s proprietary threat graphs and Humo’s blazing-fast log management and index-free data ingestion dramatically accelerates our work. [eXtended Detection and Response (XDR)] “Nothing the market has seen to date,” said George Kurtz, the CEO and co-founder of CrowdStrike.

While the two acquisitions are not necessarily a trend, it is clear that security platform players are suddenly seeing the value of being able to process the large amounts of information found in the logs, and that they can get some cash to acquire that capability. Ready to pour. It will be interesting to see if any other security companies react with such a move in the coming months.

According to Picchio data, Humio was founded in 2016 and raised over $ 31 million. Its most recent funding round came in March 2020, $ 20 million Series B Under the leadership of Dell Technologies Capital. This would seem to be a good exit for startups.

CrowdStrike was founded in 2011 and raised over $ 480 million along the way. Before going public in 2019. The deal is expected to close in the first quarter, and is subject to specific regulatory oversight.