LogicGate secures $8.75M in growth capital to fuel international expansion and new product offerings

LogicGate announces it’s secured $8.75 million in growth capital from Greenspring Associates and Silicon Valley Bank. The funding will fuel LogicGate’s growth trajectory as the company revenue grew by more than 100 percent in the past year driven by significant customer demand for the Risk Cloud product. “2020 showed just how important GRC is because of business disruption and exposure to new risks,” said LogicGate CEO Matt Kunkel. The company doubled its library of out-of-the-box applications, which enable LogicGate customers to implement best-practice GRC processes quickly. Through a year of intense growth, LogicGate has been able to maintain a superior company culture, receiving a Top Workplaces 2020 honor by The Chicago Tribune.