Cisco Joins Funding Rounds for Loggly, RiverMeadow Software; Charlie Oppenheimer, Mark Shirman Comment

Cloud Computing, ExecutiveBizCisco invested $10.5 million in log management provider Loggly during a Series B funding round and participated in a separate financing for server migration provider RiverMeadow Software, Talkin' Cloud reported Thursday.

CJ Arlotta writes Data Collective Venture Capital, Trinity Ventures, True Ventures and Matrix Partners also contributed to Loggly and raised the company's total venture funds to $20.9 million.

CEO Charlie Oppenheimer told the publication Loggly has grown over the past year as cloud customers sought services to process log data and save resources for core business operations.

Arlotta reports Loggly also refreshed its Gen2 offering with new user interface, analytical tools and data storage capabilities.

The update includes graphical presentation of trends, automated event analysis, search and filtering features, grid view option, integrated alerting, dashboards and workspaces.

RiverMeadow Software also generated $12 million in its Series B funding round CEO Mark Shirman intends for the company to engineering team and address the growing demand for cloud migration services, Talkin' Cloud reports.

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