LogRhythm Receives $10,000,000 Series C Funding Round

  • Feed Type
  • Date
    3/30/2011
  • Company Name
    LogRhythm
  • Mailing Address
    4780 Pearl East Circle Boulder, CO 80301
  • Company Description
    LogRhythm’s comprehensive log management and analysis software helps companies to efficiently comply with government regulations, secure their networks and optimize their IT infrastructure. LogRhythm’s log management system automates the collection, identification, centralization, archival and recovery of all log data. Its log analysis capabilities automate centralized analysis, correlation, and reporting while also providing real-time monitoring and alerting on critical issues.
  • Website
    http://www.logrhythm.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The company, which has tripled its customer base and revenue over the past two years, will use this new funding to accelerate international expansion, expand product development and build out its service and support infrastructure to meet the needs of its rapidly growing customer base.
  • M&A Terms
  • Venture Investor
    Adams Street Partners
  • Venture Investor
    Access Venture Partners
  • Venture Investor
    Grotech Ventures
  • Venture Investor
    Undisclosed

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