Logicworks Secures $135,000,000 New Funding

  • Feed Type
  • Date
    12/16/2016
  • Company Name
    Logicworks
  • Mailing Address
    155 Avenue of the Americas Fifth Floor New York, NY 10013 USA
  • Company Description
    Logicworks exclusively delivers enterprise hosting and cloud solutions to sophisticated, high-growth clients in need of high-availability for their most critical applications and content. Clients can reduce capital expenses, operating overhead and multi-vendor management by relying on Logicworks to be an extension of their technical operations.
  • Website
    http://www.logicworks.net
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $135,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company intends to invest this money in expanding its proprietary software platform, scaling its operations, entering international markets, and pursuing targeted strategic acquisitions.
  • M&A Terms
  • Venture Investor
    Pamplona Capital Management
  • Venture Investor
    Undisclosed

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