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[Funding alert] Observability platform LOGIQ raises $1.8M in seed round from Leo Capital
The US and Bengaluru-based startup will use the funding to expand technological capabilities. LOGIQ plans to democratise the observability space and make it accessible for organisations of all sizes.
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US and
Bengaluru-based observability platform for IT administrators and DevOps teams, on Wednesday announced that it has raised
$1.8 million in its first institutional
seed funding round, led by
Leo Capital.
The funding will be used by the startup to
expand its AI/ML capabilities and onboard more customers. LOGIQ claims that it solves the ubiquitous problem enterprises are faced with when handling the variety and volume of data in the organisation, while running their IT infrastructure and applications.