Posted 20 December 2013
UCD spin-out Logentries wins NovaUCD Innovation Award
In recognition of the global success and impact of the company, the co-founders of UCD spin-out Logentries, Dr Viliam Holub and Dr Trevor Parsons have been presented with the NovaUCD Innovation Award.
Set-up in 2010, Logentries has to date raised $11 million in funding from Polaris Partners, Floodgate, Frontline Ventures, RRE Ventures and Enterprise Ireland. The company is using these funds to accelerate product development and aggressively drive a go-to-market strategy.
Logentries is a SaaS-based, log management service for collecting and analysing huge quantities of log event data and making that data easily accessible to improve IT and business operations. While traditional log management and analytics solutions require advanced technical skills to use or are costly to set-up, Logentries helps developers, IT professionals and business analysts easily unlock the power of log data to improve their operations.
The company was co-founded by Dr Viliam Holub and Dr Trevor Parsons as a spin-out company from University College Dublin’s Performance Engineering Laboratory in UCD’s School of Computer Science and Informatics, after a decade of joint research with IBM.
“We are honoured to accept this prestigious award on behalf of the Logentries team,” said Dr Trevor Parsons, co-founder and Chief Scientist, Logentries.
“Logentries is a great example of the Irish start-up ecosystem at work. From conception within University College Dublin and with a kick-start from incubators like NovaUCD and Dogpatch Labs, Logentries is now in a position where it has been backed by leading US and Irish investors to the tune of $11 million, and now has tens of thousands of users and is in use in over 100 countries.”
“In the coming months we will be seeking to fill 20 open engineering positions in Dublin where the company is looking for software developers, data scientists and devops engineers,” said Dr Trevor Parsons, Co-founder and Chief Scientist, Logentries, speaking at the award ceremony in UCD.
“The feeling within the Logentries team is that we are just getting started. We are expanding our team rapidly right now and in particular are hoping to attract more talented employees for our Dublin office from a range of disciplines including software development, data scientists & devops engineers,” added Dr Viliam Holub, Co-founder and Chief Technical Officer, Logentries.
Logentries, a NovaUCD graduate company, was also the winner of the NovaUCD 2010 Start-Up Company of the Year Award.
The company continues to work closely with UCD’s Performance Engineering Laboratory on research in areas of ‘big data’ and distributed systems.
The NovaUCD Innovation Award was established in 2004 to highlight University College Dublin’s commitment to innovation. The Award is presented annually to an individual, company or organisation or group in recognition of excellence in innovation or of success achieved in the commercialisation of UCD research or other intellectual activity.
(Produced by UCD University Relations)
