LogicMonitor, a leading SaaS-based hybrid observation platform powered by artificial intelligence (AI), announced $800 million in transformative new equity investment and strategic financing from a consortium of investors including PSG, Golub Capital and others. Vista Equity Partners will remain LogicMonitor’s controlling shareholder and the transaction is valued at approximately $2.4 billion, including debt.
This round of investment will advance LogicMonitor’s critical role in connecting AI intelligence with the backbone of data center operations, ensuring these mission-critical ecosystems operate at optimal performance, sustainability, and resiliency. Led by CEO Christina Kosmowski, LogicMonitor enables organizations to manage costs and drive resilient AI growth by balancing rapid innovation with critical efficiencies and sustainability.
The relationship between artificial intelligence and data center performance
For 16 years, LogicMonitor has been a leader in managing, optimizing and maintaining the critical infrastructure that powers the modern data center. As rapid adoption of artificial intelligence transforms industries, LogicMonitor is uniquely positioned to meet this need, providing predictive analytics and real-time insights into infrastructure health to 100,000 users in 30 countries. As a key partner in data center monitoring and optimization, LogicMonitor is able to deliver critical insights that drive resiliency, cost efficiency and sustainability to support the growing demands of AI-driven operations. As enterprises strive to meet the urgent need to manage complex infrastructure while reducing environmental impact, LogicMonitor is indispensable—backed by continued funding, relentless innovation, and undeniable leadership in hybrid observability.
“We’ve made one of the largest and most important investments in data center observability management because we’re a mission-critical part of the race for artificial intelligence — simply put, artificial intelligence needs data,” said Christina Kosmowski, CEO of LogicMonitor. Center, data center requires LogicMonitor.” “We are the connective tissue between AI and data center performance because we have the strength, pedigree, and most importantly, the data insights to advance the most important and life-changing AI initiatives. This round highlights We play a critical role in helping enterprises seize the future of data, automation and intelligence.”
Driving a new chapter of innovation and growth
The $800 million investment will enable LogicMonitor to:
- Accelerate platform expansion opportunities, including new acquisitions, to deliver autonomous observable data management solutions that deliver predictive insights, enabling data centers to operate with unparalleled efficiency and reliability.
- Expand its footprint into new global markets, ensuring global data centers can meet local needs while benefiting from optimized performance at scale and innovative advanced observability management tools.
- Diversify into new verticals, bringing AI-driven insights and data center observability management expertise to new industries, enabling organizations in these industries to reduce IT complexity, increase uptime and accelerate digital transformation.
LogicMonitor’s strong platform is reflected in the company’s impressive customer metrics, with a net retention rate of over 110%, highlighting strong customer loyalty and ongoing platform value for the world’s leading enterprises. As customer needs evolve, LogicMonitor’s 80% multi-product adoption rate demonstrates its flexibility and ability to meet complex hybrid IT needs.
“The company has grown over 650% organically since its investment in mid-2018, and we are fortunate to be able to support Christina, LogicMonitor and the rest of the management team,” said Patrick Severson, senior co-head of funds and funds at Vista Foundation. Ryan Atlas Managing Director. “Over the course of our partnership, LogicMonitor has expanded its solution suite from infrastructure performance monitoring to true hybrid observability and built a global customer and employee base. We are excited to continue supporting the company as it embarks on this journey Exciting new chapter.”
“We are pleased to continue our partnership with LogicMonitor under Christina’s excellent leadership,” said PSG Managing Director John Marquis. “The company’s advances in AI-driven solutions are redefining how enterprises optimize their IT environments, and we’re excited to support this incredible team as they lead data center observability management and technology innovation ’s future.”
Evercore served as LogicMonitor’s chief financial advisor, and Morgan Stanley also provided advisory services to LogicMonitor on this transaction.
Sign up for the free insideAI News newsletter.
Join us on Twitter: https://twitter.com/InsideBigData1
Join us on LinkedIn: https://www.linkedin.com/company/insideainews/
Join us on Facebook: https://www.facebook.com/insideAINEWSNOW
Check us out on YouTube!