About LogicNow
LogicNow is a company based in Dundee (United Kingdom) founded in 2004 was acquired by SolarWinds in June 2016. LogicNow has raised $82.2 million across 2 funding rounds from investors including SolarWinds. The company has 250 employees as of December 31, 2021. LogicNow has completed 2 acquisitions, including IASO Backup and iScan Online. LogicNow operates in a competitive market with competitors including Cherwell, Ivanti, Landesk, Matrix42 Benelux and 4me, among others.
- Headquarter Dundee, United Kingdom
- Employees 250 as on 31 Dec, 2021
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name N-Able Technologies Ltd
- Date of Incorporation 14 Jul, 2003
- Jurisdiction EDINBURGH, SCOTLAND
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Annual Revenue
$162.41 M (USD)15as on Dec 31, 2020
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Net Profit
$27.46 M (USD)20as on Dec 31, 2020
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EBITDA
Not available
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Total Equity Funding
$82.2 M (USD)
in 2 rounds
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Latest Funding Round
$27.58 M (USD), Series B
Oct 02, 2015
- Investors
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Employee Count
250
as on Dec 31, 2021
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Investments & Acquisitions
IASO Backup
& 1 more
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Acquired by
SolarWinds
(Jun 01, 2016)
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Funding Insights of LogicNow
LogicNow has successfully raised a total of $82.2M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $27.58 million completed in October 2015. 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.
Investors in LogicNow
LogicNow has secured backing from 1 investor. Prominent investors backing the company include SolarWinds.
| Investor | Description | Founded Year | Domain | Location |
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Cloud-based monitoring and tracing of hybrid application performance are provided.
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Locked | Locked | Locked |
Investor details for LogicNow
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Investments & Acquisitions by LogicNow
LogicNow has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include IASO Backup and iScan Online.
Investment portfolio details for LogicNow
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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BYOD devices are scanned for vulnerabilities, compliance, and data discovery.
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Locked | Locked | 2012 | Locked | |
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Cloud data backup and disaster recovery solutions are provided.
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Locked | Locked | 2004 | Locked |
Complete acquisition details for LogicNow
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - LogicNow
Detailed financials for LogicNow
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- Profit trends
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Logicnow Comparisons
Peer comparison for LogicNow
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Competitors of LogicNow
LogicNow 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 Cherwell, Ivanti, Landesk, Matrix42 Benelux and 4me, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
IT service and asset management is enabled with mApps integration.
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| Locked | Locked | Locked |
Cloud-based IT asset and service management software is offered.
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IT asset management and endpoint security solutions are offered.
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| Locked | Locked | Locked |
IT and enterprise service management software is provided for businesses.
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| Locked | Locked | Locked |
SaaS-based ITSM and enterprise service management solutions are provided.
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| Locked | Locked | Locked |
Low-code and no-code platform for intelligent business automation is provided.
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Detailed competitors of LogicNow
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Verified entity values are shown only after access is granted.
Latest news on Logicnow
Complete news archive for LogicNow
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Frequently Asked Questions about LogicNow
LogicNow was founded in 2004 and raised its 1st funding round 10 years after it was founded.
LogicNow is headquartered in Dundee, United Kingdom. It is registered at Dundee, Scotland, United Kingdom.
LogicNow is a funded company, having raised a total of $82.2M across 2 funding rounds to date.
As of Dec 31, 2021, the latest employee count at LogicNow is 250.
Annual revenue of LogicNow is $162.41M as on Dec 31, 2020.
Founded in 2004 and based in Dundee, United Kingdom, integrated cloud-based IT service management solutions are delivered through the MAX platform. Components such as Risk Intelligence, Remote Management, Backup, Mail, and Service Desk are included. A layered security suite is offered, featuring LOGICcards, which utilizes collective intelligence and machine learning for IT notifications. Operations focus on the IT sector with emphasis on comprehensive service integration.
LogicNow has made 2 acquisitions, including IASO Backup, and iScan Online.
LogicNow has 1 investor. Key investors include SolarWinds.