
Logicworks
155 Avenue of the Americas, New York, NY, 10013, United States
Overview
Logicworks launched as a web hosting service in 1993 and moved into managed hosting in the late 1990s. It has since expanded into cloud automation and managed services for enterprises, with a focus on AWS and support for VMware. The company offers managed services for building infrastructure on AWS/VMware, assistance with security and regulatory compliance, and support for modern DevOps and container architectures. Its customers span many verticals and the company is especially strong in healthcare, financial services and commerce. Logicworks sees Datapipe and Rackspace as prime competitors but argues it has stronger automation capabilities and does not have a legacy installed base to defend. The company plans to use the new capital for national and international expansion, product development and potential acquisitions; until today it had raised about $4.6M in outside equity and used $12.5M in debt financing. Logicworks provides enterprise managed hosting, private cloud services, and the infiniCloud dynamic compute platform to media, financial services, healthcare, and SaaS clients. The company emphasizes high‑availability, mission‑critical managed services and over a decade of experience delivering integrated hosting and cloud solutions. infiniCloud was launched in 2010 and already hosts recognized customers including NBC and Kaplan. Logicworks positions its combination of public and private cloud with traditional managed services as a balance of reliability and cost‑effectiveness for enterprises migrating critical applications. The company plans to use new capital to support growth of the infiniCloud platform, expand sales and marketing initiatives, and invest further in software development. Leadership includes President and COO Kenneth Ziegler and founder/Chief Strategy Officer Carter Burden, who continue to serve on the board.
- Total raised
- $143M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- Dec 2016
Industries
- Cloud Computing
- Cloud Management
- Infrastructure
- Web Hosting
Recent funding
Equity
Dec 2016
$135M
Equity
Apr 2011
$8M