Sumo Logic, Inc. (NasdaqGS:SUMO) will seek acquisitions. Stewart Grierson said, "On the balance sheet side, we're well capitalized. So we have over $350 million of cash and marketable securities on the balance sheet and no debt.

This gives us the flexibility to drive our forward growth, but also gives us the balance sheet to continue to add in tuck-in acquisitions that are complementary to our existing capabilities".