Alert Logic Lands $12,600,000 Series E Funding Round

  • Feed Type
  • Date
    4/11/2011
  • Company Name
    Alert Logic
  • Mailing Address
    1776 Yorktown 7th Floor Houston, TX 77056
  • Company Description
    Alert Logic is the security industry’s leading provider of on-demand internal network security solutions designed to protect networks from threats that bypass perimeter, desktop, and server defenses.
  • Website
    http://www.alertlogic.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,600,000
  • Transaction Round
    Series E
  • Proceeds Purposes
    Alert Logic will use the proceeds of this financing to scale out its proven business model of delivering Security-as-a-Service solutions through a strategic channel of service provider partners. The company plans to broaden its product and service portfolio and bolster its existing Software-as-a-Service and Managed Security Service capabilities by investing in all aspects of the business, ranging from sales and marketing, to engineering and product development, as well as business development and strategic alliances.
  • M&A Terms
  • Venture Investor
    Updata Partners
  • Venture Investor
    Covera Ventures
  • Venture Investor
    DFJ Mercury
  • Venture Investor
    Access Venture Partners

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