SolarWinds is looking to expand its cloud computing portfolio with a deal to buy Loggly, a San Francisco-based firm that makes SaaS-based log monitoring and log analytics software.

The two companies announced the acquisition on Monday, January 8, although financial details were not released. Founded in 2009, Loggly has raised about $47.4 million in capital funding since that time, according to CrunchBase.

In a statement, SolarWinds executives noted that the company plans to add Loggly's software to its own monitoring tools and is offering to give customers deeper insights into their infrastructure, applications and digital assets.

Figure 1: (Source: iStock)

"Rapidly visualizing vast amounts of data through log analytics is absolutely critical to solving many problems in today’s diverse, complex cloud-application and microservices environments," Christoph Pfister, executive vice president of products for SolarWinds, wrote.

SolarWinds already has a suite of SaaS-based tools for creating reports and interpreting data from the network, which include Papertrail, AppOptics and Pingdom. The addition of Loggly will add to those capabilities and bring new customers, including Dell, Lenovo, PizzaHut and EA.

Keep up with the latest enterprise cloud news and insights. Sign up for the weekly Enterprise Cloud News newsletter.

Loggly's software-as-a-service offerings also add a layer of visualization to the monitoring process, which adds greater insights and analysis of the data. As the company noted in its own statement about the deal:

It's not clear if all Loggly employees will move over to SolarWinds, but the two companies noted that Manoj Chaudhary, the CTO and vice president of engineering for Loggly, and Vito Salvaggio, the vice president of product for Loggly, will join SolarWinds in leadership positions.

Related posts:

— Scott Ferguson, Editor, Enterprise Cloud News. Follow him on Twitter @sferguson_LR.