Loggly has just secured a new round of funding for its event-logging Loggly API. The company added $5.7 million which more than doubles the $4.7 million total from series A & B investment rounds. This round introduces a new investment partner, Matrix Ventures, as well as a new CEO Charlie Oppenheimer and CTO Jim Nisbet. Oppenheimer hails from Matrix Ventures where he served as an executive in residence.
There is still time for developers to enter the BBVA Innova Big Data Challenge and be in the running for some of the €90,000 ($USD 120,000) prize money. Jose Antonio Gallego Vázquez, Head of Open Innovation at the Spanish bank BBVA, spoke with ProgrammableWeb about what the competition entails and how international entries can be submitted before the 3 December deadline.