ScienceLogic Raises $105 Million in New Financing to Accelerate Leadership in Growing AIOps Market

Feb 23, 2021•over 4 years ago

Amount Raised

$105 Million

Reston

Description

ScienceLogic, a leading provider of AI-driven monitoring solutions for hybrid cloud management, announced today that it has raised $105 million in growth financing. Silver Lake Waterman led the company’s Series E round with participation from existing investors Goldman Sachs, Intel Capital and NewView Capital. The investment will support the company’s continued innovation in the AIOps market and further broaden ScienceLogic’s position within the $30+ billion IT Operations Management software market.

Company Information

Company

Science Logic

Location

Reston, Virginia, United States

About

ScienceLogic is a leader in IT Operations Management, providing modern IT operations with actionable insights to predict and resolve problems faster in a digital, ephemeral world. Its IT infrastructure monitoring and AIOps solution sees everything across multi-cloud and distributed architectures, contextualizes data through relationship mapping, and acts on this insight through integration and automation. Trusted by thousands of organizations across the globe, ScienceLogic’s technology is designed for the rigorous security requirements of the United States Department of Defense, proven for scale by the world’s largest service providers, and optimized for the needs of large enterprises. https://sciencelogic.com

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