Cloud Software Platform Sumo Logic Files for Nasdaq IPO

Aug. 24, 2020, 4:15 PM UTC

Sumo Logic Inc. filed for an initial public offering, betting software-as-a-service can still lure investors now inundated with listings by blank-check companies.

The cloud computing analytics and security software maker is working with Morgan Stanley and JPMorgan Chase & Co. on the listing, according to a filing Monday with the U.S. Securities and Exchange Commission.

Sumo Logic and Unity Software Inc., which also filed for an IPO Monday, are among a flurry of software firms that are expected to unveil their financials this week ahead of planned listings in the fall.

Such companies remain a smaller, but high-performing segment, for ...

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