Sumo Logic, Inc. (SUMO) files for IPO.

IPO of Sumo Logic, Inc. (SUMO) will take place on September 16, 2020. Sumo Logic is the pioneer of Continuous Intelligence – a new category of software. Continuous Intelligence uses abilities of artificial intelligence and machine-learning and is provided as a multi-user cloud service, that helps organizations to deliver reliable applications and digital services faster, protects them from modern security threats and gradually optimizes their business processes in real-time mode. With the help of this platform managers and employees are provided with necessary information for decision-making in real-time mode, which is an imperative of modern business. Morgan Stanley, J.P. Morgan, RBC and Jefferies Group are the lead underwriters to the firm’s offering.