Alert Logic

Houston, United States Founded: 2002 • Age: 24 yrs Acquired By HelpSystems
Security solutions for network and cloud infrastructure are delivered.

About Alert Logic

Alert Logic is a company based in Houston (United States) founded in 2002 was acquired by HelpSystems in March 2022.. Alert Logic has raised $55.59 million across 12 funding rounds from investors including Welsh, Carson, Anderson & Stowe, Square 1 Bank and Updata Partners. Alert Logic has completed 2 acquisitions, including Click Security and Critical Watch. Alert Logic offers products and services including Fortra XDR, Alert Logic MDR, and Fortra Managed WAF. Alert Logic operates in a competitive market with competitors including Cisco, Wiz, Aviatrix, Forescout and HashiCorp, among others.

  • Headquarter Houston, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fortra, Llc
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $55.59 M (USD)

    in 12 rounds

  • Latest Funding Round
    $70 M (USD), Debt – Conventional

    Jun 20, 2017

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    HelpSystems

    & 1 more

    (Mar 09, 2022)

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Products & Services of Alert Logic

Alert Logic offers a comprehensive portfolio of products and services, including Fortra XDR, Alert Logic MDR, and Fortra Managed WAF. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for security across endpoint, network, and cloud environments.

Service to detect, respond, and reduce organizational security threats.

Protection for web apps and APIs against targeted attacks.

People of Alert Logic
Headcount 10-50
Employee Profiles 11
Employee Profiles
People
Onkar Birk
Managing Director
People
John Racine
Managing Director, Identity And Access Management
People
Mark Bell
Managing Director, Digital Defense
People
Jeff Moline
Gm, Systems Management, Security, & Business Intelligence

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Funding Insights of Alert Logic

Alert Logic has successfully raised a total of $55.59M across 12 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $70 million completed in June 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 12
  • Last Round Debt – Conventional — $70.0M
  • First Round
  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2017 Amount Debt – Conventional - Alert Logic Valuation

investors

Apr, 2017 Amount Series F - Alert Logic Valuation

investors

Dec, 2014 Amount Series F - Alert Logic Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Alert Logic

Alert Logic has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Welsh, Carson, Anderson & Stowe, Square 1 Bank and Updata Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Healthcare and technology sectors are targeted for private equity investments.
Founded Year Domain Location
Seed and early-stage US venture capital investments are managed.
Founded Year Domain Location
Investments in private tech ecosystem are made by Industry Ventures.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Alert Logic

Alert Logic has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Click Security and Critical Watch. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Threat detection is enabled through data ingestion and analytics processing.
2009
Cyber threat intelligence and active mitigation are provided to enterprises.
2000
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Alert Logic

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Alert Logic Comparisons

Employees
+
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Competitors of Alert Logic

Alert Logic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cisco, Wiz, Aviatrix, Forescout and HashiCorp, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI and saas based cloud security solutions
domain founded_year HQ Location
Cloud security posture and application protection are managed across environments.
domain founded_year HQ Location
Hybrid cloud integration software is developed for enterprise connectivity.
domain founded_year HQ Location
Provider of cyber security solutions for asset visibility and threat management
domain founded_year HQ Location
Cloud infrastructure is managed through AI-based security solutions.
domain founded_year HQ Location
Platform offering cloud security solutions for businesses
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Alert Logic

When was Alert Logic founded?

Alert Logic was founded in 2002.

Where is Alert Logic located?

Alert Logic is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Is Alert Logic a funded company?

Alert Logic is a funded company, having raised a total of $55.59M across 12 funding rounds to date. The company's 1st funding round was a Series F of $4.23M, raised on Jun 01, 2002.

What does Alert Logic do?

Alert Logic was founded in 2002 in Houston, United States, and operates in the cybersecurity sector. Network and cloud infrastructure security solutions are provided through security-as-a-service models. Applications and infrastructure stacks are secured by systems that analyze, correlate, and mitigate IT security incidents and vulnerabilities. An on-premise appliance is also offered to monitor network traffic and scan for threats continuously.

Who are the top competitors of Alert Logic?

Alert Logic's top competitors include Wiz, Aviatrix and Forescout.

What products or services does Alert Logic offer?

Alert Logic offers Fortra XDR, Alert Logic MDR, and Fortra Managed WAF.

How many acquisitions has Alert Logic made?

Alert Logic has made 2 acquisitions, including Click Security, and Critical Watch.

Who are Alert Logic's investors?

Alert Logic has 10 investors. Key investors include Welsh, Carson, Anderson & Stowe, Square 1 Bank, Updata Partners, DH Capital, and OCA Ventures.

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