Foley Hoag LLP represented early stage venture capital firm .406 Ventures in its investment in log search and analytics platform CHAOSSEARCH. The $9M Series A financing was co-led with Glasswing Ventures, with participation from existing investor Stage 1 Ventures. The funding will accelerate CHAOSSEARCH’s mission to simplify data storage, management and analytics for AWS S3 and enable DevOps teams to extend their log and event data retention and usage.
Boston, Mass.-based .406 Ventures invests in market-changing enterprise technology companies founded by visionary entrepreneurs. CHAOSSEARCH is the only platform that enables DevOps teams to store, search, query and visualize terabytes of historic log data on their existing AWS S3 infrastructure, instantly reducing their data footprint and operational overhead and cutting operational costs by up to 80 percent.
Foley Hoag partner Mark Haddad and associate Zohar Nevo represented .406 Ventures in the transaction.