Tech Company Financing Transactions
LogicMonitor Funding Round
LogicMonitor, based in Santa Barbara, secured $130 million in funding from Providence Equity Partners.
Transaction Overview
Company Name
Announced On
6/16/2016
Transaction Type
Venture Equity
Amount
$130,000,000
Round
Undisclosed
Investors
Providence Equity Partners (Thomas Reardon)
Proceeds Purpose
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.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
12 E. Carrillo St.
Santa Barbara, CA 93101
USA
Santa Barbara, CA 93101
USA
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kevin McGibben
Chief Technical Officer
Jie Song
VP - Finance
Ed Shaughnessy
VP - Product Management
Steve Francis
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Our team works diligently to report on all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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