LogicMonitor Garners $130,000,000 New Round

  • Feed Type
  • Date
    6/16/2016
  • Company Name
    LogicMonitor
  • Mailing Address
    12 E. Carrillo St. Santa Barbara, CA 93101 USA
  • Company Description
    LogicMonitor provides SaaS-based data center monitoring of physical, virtual, and cloud-based IT infrastructures. The software provides performance monitoring, historical trending, reporting, and email/SMS alerting to proactively warn IT staff of potential issues before they cause business interruptions.
  • Website
    http://www.logicmonitor.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $130,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The investment will be used to continue LogicMonitor’s global market expansion as the leading modern IT infrastructure performance monitoring solution that will displace legacy and premise-based monitoring systems in complex and agile environments.
  • M&A Terms
  • Venture Investor
    Providence Equity Partners

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