Loom Systems
Acquired

Log Analytics Platform for IT and OT

Enterprise IT
Artificial Intelligence Machine Learning

Business Overview

DESCRIPTION

Loom Systems is a San Francisco, CA- and Tel Aviv, Israel-based provider of an AI-powered log analysis software platform. Loom Systems analyzes logs and semi-structured machine data for immediate visibility into a company’s digital environment to solve IT and OT problems in real-time. It does it by leveraging a combination of machine learning technologies to provide predictive insights and a virtual personal assistant recommendation back engine, called Sophie. Via on-premises or SaaS deployment, Loom Systems generates insights from raw data and with zero configuration or maintenance, including support for homegrown applications.

FOUNDED
April 2015
EMPLOYEES
32
BUSINESS MODEL
B2B, B2G
OFFERING TYPE
Software
BUSINESS STAGE
Launched
REVENUE STATUS
Revenue Generating
TOTAL FUNDING
$16 Million
SECTORS
Enterprise IT

Funding Rounds

Date Announced

Funding Round

Amount Raised

Investors

AI Technology Stack

AI EMPLOYEES
3
AI APPLICATION
Vertical AI
AI TYPES
Artificial Intelligence Machine Learning

CONTACT

Exit Event

TRANSACTION
Acquisition
DATE ANNOUNCED
January 2020
ACQUIRER
ServiceNow