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SAN FRANCISCO, CA -- (Marketwired) -- 03/12/15 -- Loggly has been identified as one of the top 10 fastest-growing cloud services in the world by Skyhigh Networks. Skyhigh publishes information on cloud trends based on anonymized data for over 15 million enterprise users globally. Across over 10,000 cloud services, Loggly was the second fastest growing in Q4. The complete study can be found here.

According to the report, Loggly use grew 119% in the fourth quarter, alongside other popular business and consumer apps like ToutApp, Join.me and Waze. Skyhigh, whose cloud security solution is used by enterprises clients, developed its report by looking at the average number of active users in Q3 and Q4 last year, and calculating the growth in users from quarter to quarter.

Loggly has over 21 thousand active accounts, processed over 250 TB of data, and logged 750 billion events. Its number of paying customers tripled last year and monthly recurring revenue increased 500%. Loggly has raised over $33 million in venture financing since 2009.

"Skyhigh's usage analysis across our 15 million enterprise users reveals that Loggly is one of the fastest growing cloud companies today," says Brandon Cook, Director of Product Marketing at Skyhigh Networks. "Over 350 enterprises rely on Skyhigh to identify and securely enable cloud services in highest demand by their employees."

"We're very excited to be recognized by Skyhigh as one of the fastest-growing cloud services," says Charlie Oppenheimer, CEO at Loggly. "It's validation for the hard work our team puts in and the tremendous value our customers derive from the solution. Our focus continues to be making log management simpler and log data more actionable."

About Loggly
Loggly is the world's most popular cloud-based, enterprise-class log management solution, used by more than 5,000 happy customers to effortlessly spot problems in real-time, easily pinpoint root causes and resolve issues faster to ensure application success. Founded in 2009 and based in San Francisco, the company is backed by Harmony Partners, Trinity Ventures, True Ventures, Matrix Partners, Cisco, Data Collective Venture Capital and others. Visit the Loggly website: loggly.com. Follow @Loggly on Twitter.