Portland monitoring software maker Sensu is being acquired by Redwood City, California-based Sumo Logic (Nasdaq: SUMO).
Financial terms of the deal were not disclosed. The transaction is expected to be completed in the second quarter.
Sensu makes open source software used to monitor digital infrastructure. Its product monitors services, software, apps and other infrastructure for customers. If problems occur the software triggers automatic resolutions or sends an alert to the operations team.
Sumo Logic is a data analytics company. This deal builds on its strategy to provide more observability for customers across infrastructure and application monitoring. The company went public last fall.
“In today’s software-centric businesses, modern applications are developed, deployed, managed, and monitored by developers, DevOps and site reliability teams. The Sensu solution helps them automate monitoring workflows thereby increasing velocity while improving repeatability, reliability, and maintainability,” said Ramin Sayar, president and CEO of Sumo Logic in a written statement.
According to a blog post about the deal, Sensu co-founder and CEO Caleb Hailey said the company will continue to build its product roadmap and is staying committed to open source software. He noted that work will continue on Sensu with the help of investment from Sumo Logic.
“We believe Sensu will be a perfect addition to the Sumo Logic portfolio as the combined solution will eliminate data silos by filling gaps in observability to bring metrics, logging, and tracing together via a unified pipeline and data platform,” said Hailey in a written statement. “We’re looking forward to joining our active, thriving community of more than 3,000 contributors with the Sumo Logic community and together shape the future of open source observability.”
Sensu was founded in 2017 and has raised $12.5 million from backers including Battery Ventures and Foundry Group. In summer 2019, Sensu had about 30 employees.
The company is based in Portland but had a distributed team long before the Covid-19 pandemic forced employers to adopt remote work options. In a 2019 interview, Hailey told the Business Journal that he originally resisted the idea of a distributed team, but eventually came around to the idea that it gives Sensu a competitive advantage in hiring top talent.
Closer Look
Sensu
What: Makes product monitoring tools
Founded: 2017
Employees: 30, in 2019
