Brief

Log Analysis Startup Logz.io Rents 2,000 Square-Meter Offices in Tel Aviv

Logz.io’s technology uses predictive analytics and machine learning algorithms to extract data from large amounts of automatically generated information

Log analysis startup Logz.io has rented a 2,000-square-meter office space at Haarba'a Towers, a skyscraper project in central Tel Aviv, the company announced Tuesday. Located on the 30th and 31st floors, the space was rented by Logz.io for a five-year period. The company also rented several dozen parking spaces within the complex and in its vicinity.

 

Founded in 2014, Logz.io’s technology uses predictive analytics and machine learning algorithms to extract data from large amounts of information automatically generated by computer servers, applications, and network devices.

 

In November, Logz.io raised $23 million in a Series C round, bringing its total funding to $48.2 million. Logz.io currently employs 120 people in Tel Aviv and Boston and intends to double its size, the company said in a statement.

 

Logz.io co-founders Asaf Yigal (left) and Tomer Levy. Photo: PR