VC Fund Investments
Log analytics platform Parseable raises $2.75 M
Bengaluru-based Parseable , a log analytics platform, has raised USD 2.75 million led by Surge (Peak XV’s scale up programme for early-stage startups) and NP-Hard Ventures.The fresh capital will be used to innovate handling log data generated by digital businesses and to speed up product development and deepen integration with other platforms.Founded by Nitish Tiwari, Parseable uses cloud technology to handle, analyse, intake, and retain substantial amounts of log data. It uses open-source formats like Apache Parquet and Apache Arrow for easier data processing .
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