SANTA BARBARA, CA, LogicMonitor, a leading SaaS-based hybrid observability platform powered by artificial intelligence (AI), announced a transformative $800 million investment.
LogicMonitor, a leading SaaS-based hybrid observability platform powered by artificial intelligence (AI), announced a transformative $800 million investment of new equity and strategic financing from a consortium of investors including PSG, Golub Capital and others. Vista Equity Partners will remain the controlling shareholder in LogicMonitor, which the transaction values at approximately $2.4 billion, including debt.
(c) by Massinvestor, Inc. For contact info, please check out our about page.
By VC News Daily
Source: VC News Daily
Discover more from FundingBlogger
Subscribe to get the latest posts sent to your email.