Humio announced its Unlimited Ingest for the Cloud Plan.
Complementing the company’s current Unlimited Self-hosted Plan, the Unlimited Ingest for the Cloud Plan significantly changes the cost of scaling to massive volumes in a SaaS environment, and gives customers similar benefits as Humio’s Unlimited Self-hosted Plan. Extending the platform’s ease in scalability, Humio Bucket Storage seamlessly increases data storage and retention beyond 1 petabyte at industry-leading low costs, removing all constraints in handling long retention and data volumes at scale.
“At Humio, we believe that the amount of data collected by customers should never be limited. Nearly two years ago we introduced the first Unlimited Ingest Plan for self-hosted deployments and we are thrilled to now bring the first Unlimited Ingest Plans for Cloud,” said Geeta Schmidt, CEO and co-founder at Humio. “By providing the lowest total cost of ownership, industry-leading unlimited plans, minimal maintenance and training costs, and remarkably low compute and storage requirements, we’ve succeeded in driving rapid user adoption. Humio has experienced unstoppable momentum as seen with 550% year-over-year revenue growth, a 6.5 times increase over this time last year. The addition of Dell Technologies Capital to our existing investor, Accel, is further validation for Humio and the value we bring to customers. DTC’s guidance and support will be critical as Humio continues to scale, mature, and succeed.”
Humio minimizes the challenge of sifting through the rapidly, ever-growing volume of event and data logs by enabling users to log all data — structured or unstructured — in real time and at scale. The company’s modern, index-free log management solution helps organizations to understand large amounts of data, instantly pinpoint availability concerns, identify vulnerabilities in complex computing environments, and recover more quickly from incidents.
Humio also announced that the company raised a $20 million Series B investment led by Dell Technologies Capital, with participation from existing investor, Accel. The funding, which brings total investment raised to $32 million, will be used to increase the company’s capabilities to keep pace with demand across global markets, and expand the development of its self-hosted and SaaS products.
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