Logz.io has secured a $16 million Series B funding round led by OpenView, with continued support from existing investors 83North and Giza Venture Capital, to enhance its platform that transforms infrastructure and application troubleshooting into a data-driven science. By leveraging the ELK Stack, Logz.io offers an enterprise-grade, cloud-scalable solution that allows companies to efficiently aggregate, process, store, and analyze vast amounts of log data. The introduction of the Logz.io Cognitive Insights™ artificial intelligence engine further enhances this platform by autonomously identifying crucial events through machine learning, processing extensive online documentation, and building a large database of software problems and solutions. This approach combines human knowledge and AI to provide insights into machine data, making it accessible and actionable for more than 1,000 companies worldwide, including major brands like British Airways and Electronic Arts. The company's growth is credited to its dedicated team, supportive investors, and a strong customer community.