LogRhythm raises $50M

What does LogRhythm do?

LogRhythm, is a security intelligence company. It is a provider of security info, log management and event management solutions for organizations. The company provides fully integrated, enterprise class log analysis, log management and event management solution which empowers organizations for complying with regulations, securing their networks and optimizing IT operations. By optimating the collection, analysis, organization, archival and recovery of all log data, the company enables companies in easily complying with log data retention regulations while simultaneously gaining valuable, actionable and timely insights into security, performance, availability and audit issues within their infrastructure. The company’s solutions are noted for their useful analytics, completeness, easy usage and rapid time to value.

How much LogRhythm was funded?

LogRhythm raised $50M in undisclosed round on August 30, 2016 from Exclusive Ventures, EDB Investments, Silver Lake Waterman, Siemens Venture Capital, Delta-v Capital, Riverwood Capital and Adams Street Partners.

Previous funding

$3.25M in Series A on November 18, 2007 from High Country Venture, The Colorado Impact Fund and Access Venture Partners

$3.1M in Series B on April 1, 2009 from High Country Venture, Grotech Ventures and Access Venture Partners

$4.9M in undisclosed round on March 4, 2011

$10M in Series C on March 30, 2011 from Access Venture Partners, Grotech Ventures, , Adams Street Partners and Croghan Investments

$15M in Series D on June 28, 2012 from Grotech Ventures, Adams Street Partners and Siemens Venture Capital

$40M in Series E on July 22, 2014 from Riverwood Capital, Access Venture Partners and Adams Street Partners

What is next for LogRhythm?

The company plans to use the latest funding raised for accelerating its leadership and competitive differentiation in the growing market for response solutions and rapid threat detection. The investment will also be used for continuing expansion of its worldwide market presence, extending its investment in innovation and for strengthening its balance sheet.

More about LogRhythm

LogRhythm was founded in 2003 by Phillip Villella and Chris Petersen. It has its headquarters in Boulder, Colorado.