Logicworks Secures $135,000,000 New Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=62f3f5b5-e27f-4f27-aae4-ffc36160d8a4 - Date
12/16/2016 - Company Name
Logicworks - Mailing Address
155 Avenue of the Americas Fifth Floor New York, NY 10013 USA - Company Description
Logicworks exclusively delivers enterprise hosting and cloud solutions to sophisticated, high-growth clients in need of high-availability for their most critical applications and content. Clients can reduce capital expenses, operating overhead and multi-vendor management by relying on Logicworks to be an extension of their technical operations. - Website
http://www.logicworks.net - Transaction Type
Venture Equity - Transaction Amount
$135,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
The company intends to invest this money in expanding its proprietary software platform, scaling its operations, entering international markets, and pursuing targeted strategic acquisitions. - M&A Terms
- Venture Investor
Pamplona Capital Management - Venture Investor
Undisclosed
