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Cloud Software Firm Sumo Logic Files to Go Public

By Ross Matican
· · Source: The Information

Cloud software firm Sumo Logic has filed to go public, becoming the latest software company headed to the public markets this fall. It joins Snowflake, which confidentially filed for an initial public offering, as well as Palantir and Asana, both of which are opting for direct listings. Redwood City, Calif.-based Sumo Logic has yet to be profitable. It lost $92 million last year, according to...

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