About Logicworks
Logicworks is a company based in New York (United States) founded in 1993 was acquired by Cox Communications in February 2023.. Logicworks has raised $142.6 million across 3 funding rounds from investors including Cox Communications, Seaport Capital and Pamplona Capital Management. The company has 152 employees as of December 31, 2021. Logicworks offers products and services including Cloud Managed Services, Cloud Migration, and Cloud Optimization. Logicworks operates in a competitive market with competitors including Datapipe, Crayon, 2nd Watch, All Cloud and SoftwareONE, among others.
- Headquarter New York, United States
- Employees 152 as on 31 Dec, 2021
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Logicworks Systems Corp.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$142.6 M (USD)
in 3 rounds
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Latest Funding Round
$135 M (USD), Series C
Dec 14, 2016
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Investors
Cox Communications
& 2 more
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Employee Count
152
as on Dec 31, 2021
- Acquired by
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Products & Services of Logicworks
Logicworks offers a comprehensive portfolio of products and services, including Cloud Managed Services, Cloud Migration, and Cloud Optimization. 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.
Services for managing and optimizing cloud infrastructure securely.
Assistance in migrating applications and databases to cloud platforms.
Tools and processes to enhance cloud efficiency and cost management.
Unlock access to complete
Funding Insights of Logicworks
Logicworks has successfully raised a total of $142.6M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $135 million completed in December 2016. 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 Funding
- Total Rounds 3
- Last Round Series C — $135.0M
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First Round
First Round
(01 Mar 2011)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2016 | Amount | Series C - Logicworks | Valuation |
investors |
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| Mar, 2011 | Amount | Private Equity Round - Logicworks | Valuation | Seaport Capital |
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| Mar, 2011 | Amount | Debt – Conventional - Logicworks | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Logicworks
Logicworks has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Cox Communications, Seaport Capital and Pamplona Capital Management. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Buyouts are targeted by Seaport Capital, a private equity firm.
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Founded Year | Domain | Location | |
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Private equity investment firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Internet, television, and webmail services are provided nationwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Logicworks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Logicworks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Logicworks Comparisons
Competitors of Logicworks
Logicworks 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 Datapipe, Crayon, 2nd Watch, All Cloud and SoftwareONE, 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 |
Managed hybrid cloud services are provided for enterprises.
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| domain | founded_year | HQ Location |
Crayon is involved in unspecified business activities.
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| domain | founded_year | HQ Location |
Public cloud workload management tools and services are provided.
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| domain | founded_year | HQ Location |
Services for the development and support of cloud-based applications
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| domain | founded_year | HQ Location |
IT service suite solutions are provided globally by SoftwareONE.
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| domain | founded_year | HQ Location |
Cloud services in PaaS, SaaS, and IaaS are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Logicworks
Frequently Asked Questions about Logicworks
When was Logicworks founded?
Logicworks was founded in 1993 and raised its 1st funding round 18 years after it was founded.
Where is Logicworks located?
Logicworks is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Logicworks a funded company?
Logicworks is a funded company, having raised a total of $142.6M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $7.6M, raised on Mar 01, 2011.
How many employees does Logicworks have?
As of Dec 31, 2021, the latest employee count at Logicworks is 152.
What does Logicworks do?
Logicworks was founded in 1993 and is headquartered in New York, United States. Managed AWS and Azure cloud services, along with cloud migration and strategy, are offered. Specialized solutions for financial services and healthcare clouds, as well as hybrid, colocation, and private cloud options, are included. Operations focus on healthcare and finance sectors, serving clients such as MassMutual, Thomson Reuters, Orion Health, FirstKey, EverCore, and Geisinger.
Who are the top competitors of Logicworks?
What products or services does Logicworks offer?
Logicworks offers Cloud Managed Services, Cloud Migration, and Cloud Optimization.
Who are Logicworks's investors?
Logicworks has 3 investors. Key investors include Cox Communications, Seaport Capital, and Pamplona Capital Management.