LogRhythm’s platform unifies next‑generation SIEM, log management, network and endpoint monitoring, and advanced security analytics to automate detection, prioritization and neutralization of cyber threats. The company says its solution reduces time to detect and respond to threats and also provides compliance automation and enhanced IT intelligence. LogRhythm reports a rapidly growing enterprise customer base and consistent global momentum, and has been positioned as a Leader in Gartner’s SIEM Magic Quadrant for five consecutive years. To support continued growth the company closed a $50 million financing to strengthen its balance sheet. LogRhythm plans to use the funding to expand its worldwide market presence and extend its investment in innovation. The company is headquartered in Boulder, Colorado and operates across the Americas, Europe and the Asia Pacific region. LogRhythm offers a unified Security Intelligence Platform that combines SIEM, log management, network forensics, host forensics and advanced security analytics to help organizations detect and respond to cyber threats. The platform also provides compliance automation and IT intelligence for Global 2000 companies, government agencies and mid-sized businesses. The company is positioned as a market leader and has received multiple industry recognitions, including placement in Gartner’s SIEM Magic Quadrant and other analyst awards. Leadership says the platform accelerates threat recognition and response by automating focus on highest-priority threats. The company plans to use new capital to accelerate product development, sales and marketing, customer service and to expand market reach. Management reports accelerated growth over the prior year and raised new financing to capitalize on strong momentum. LogRhythm offers a SIEM 2.0 security intelligence platform that analyzes and manages network, host, file and user activity data to detect, defend against, and respond to cyber threats. Its platform provides log management, forensics, compliance automation and operational intelligence to Global 2000 organizations, government agencies and mid-sized businesses worldwide. The company emphasizes using "Big Data" for enhanced security, operations and business intelligence. LogRhythm has been positioned as a Leader in Gartner’s 2012 SIEM Magic Quadrant and has earned multiple industry awards. The business is headquartered in Boulder, Colorado and maintains operations in Canada, Europe and the Asia Pacific region. Recent financing activity is intended to support growth, product innovation and international expansion. LogRhythm provides a single integrated SIEM and log-management platform delivering log and security event management, file integrity monitoring, and network and user monitoring. The company recently introduced an AI Engine, a next-generation pattern recognition technology aimed at exposing previously undetectable intrusions, insider threats, and network abuse. LogRhythm says it has more than tripled its customer base and revenues over the past two years. It is privately held and is based in Boulder, Colorado, with European headquarters in Maidenhead, England, and Asia Pacific operations in Hong Kong. The company holds a comprehensive log management / SIEM patent (U.S. Patent #7,653,633) and has received multiple industry awards and recognition. Planned priorities include accelerating international expansion, expanding product development, and building out service and support infrastructure to serve its growing customer base.

Total raised

$115M

Funding rounds

4

Latest round

Equity

Latest activity

Aug 2016