ScienceLogic Raises $15M from NEA

Funding Rounds

Summary

ScienceLogic, a Reston, VA-based IT operations and cloud monitoring provider, has raised $15m in its first round of equity funding from New Enterprise Associates (NEA)., a Reston, VA-based IT operations and cloud monitoring provider, has raised $15m in its first round of equity funding from The cash infusion will enable the company to expand and accelerate cloud monitoring focus as service providers and enterprises embrace cloud computing.ScienceLogic has built a comprehensive, scalable solution that monitors all of the infrastructure components that make up IT service delivery.As stated by David Link, CEO and cofounder of the company, “Service providers have always needed this solution, and more enterprises are realizing that they need this critical piece as they make the move to build private clouds and utilize more public and hybrid cloud resources.“With this funding, we aim to transform ScienceLogic into the company you turn to first, because we have already solved this problem for some of the most demanding enterprises and service providers”, Link said.

$ Funding

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Amount $15.0M Total raised
Date April 7, 2010 Announcement date
Investors New Enterprise Associates Lead investors
Company http://www.sciencelogic.com Funded company

Classifications

industries
HealthTech
applications
ERP & Process Management

AskAI Classifications

Labels
AIOps IT Operations Management Observability Platforms

Linked Companies

ScienceLogic
$100M to $250M