LogMeIn

Boston, United States Founded: 2003 • Age: 23 yrs
Remote access and IT support solutions are provided by LogMeIn.
Annual revenue $2.2M Latest available
Total funding $20.0M 2 rounds
Employees 31 Tracked headcount
Investors 3 Known backers
Products 5 Services tracked
Competitors 7 Brand Intelligence

About LogMeIn

LogMeIn is a company based in Boston (United States) founded in 2003. It operates as a SaaS (Software-as-a-Service) and Subscription Services. LogMeIn has raised $20 million across 2 funding rounds from investors including Prism Venture Partners, 3TS Capital Partners and Integral Capital Partners. The company has 31 employees as of March 24, 2024. LogMeIn has completed 8 acquisitions, including AuthAir, BoldChat and Ionia Corporation. LogMeIn offers products and services including LogMeIn Rescue, LogMeIn Resolve, LogMeIn Central, LogMeIn Pro, and GoToMyPC. LogMeIn operates in a competitive market with competitors including TeamViewer, Splashtop, GoToMyPC, Softdrive and AweRay, among others.

  • Headquarter Boston, United States
  • Employees 31 as on 24 Mar, 2024
  • Stage Public
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Goto
  • Date of Incorporation 09 Nov, 2011
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.2 M (USD)
    27.82
    as on Mar 31, 2017
  • Net Profit
    $168.02 K (USD)
    54.06
    as on Mar 31, 2017
  • EBITDA
    $394.22 K (USD)
    33.09
    as on Mar 31, 2017
  • Total Equity Funding
    $20 M (USD)

    in 2 rounds

  • Latest Funding Round
    $10 M (USD), Series B

    Dec 13, 2005

  • Investors
  • Employee Count
    31

    as on Mar 24, 2024

  • Investments & Acquisitions
    AuthAir

    & 7 more

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Products & Services of LogMeIn

LogMeIn offers a comprehensive portfolio of products and services, including LogMeIn Rescue, LogMeIn Resolve, LogMeIn Central, LogMeIn Pro, and GoToMyPC.

Product name locked
Category locked
Primary

Enterprise-grade software for fast, secure remote IT support.

Product name locked
Category locked
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All-in-one solution for IT management and support needs.

Product name locked
Category locked
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Software for remote monitoring and securing IT infrastructure.

Product name locked
Category locked
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Secure file access from any device or network.

Product name locked
Category locked
Locked

Secure access to Mac or PC from anywhere.

People of LogMeIn

Headcount 1000-5000
Employee Profiles 414
Employee Profiles
People
Rich Veldran
CEO
People
Nicholas Asadorian
Chief Financial Officer
People
Michael Donahue
Chief Legal Officer & Secretary
People
Lorelei Smith Curt
Vice President, Global UCC Customer Success

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Funding Insights of LogMeIn

LogMeIn has successfully raised a total of $20M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in December 2005. 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 LogMeIn

LogMeIn has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Prism Venture Partners, 3TS Capital Partners and Integral Capital Partners.

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Venture Fund
Investor Description Founded Year Domain Location
VC firm investing in the US
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Technology-focused venture growth investments are managed by the firm.
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Growth stage tech & life sciences focused VC firm funding companies in the US
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Investor details for LogMeIn

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  • Investor locations
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  • Participation history

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Investments & Acquisitions by LogMeIn

LogMeIn has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include AuthAir, BoldChat and Ionia Corporation.

Investments
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Investment portfolio details for LogMeIn

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Authentication solutions for healthcare are provided by AuthAir.
Locked Locked 2013 Locked
Biometrics-based MFA and SSO solutions for IAM are provided.
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Mobile whiteboarding for business idea capture and collaboration is offered.
Locked Locked 2013 Locked
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Complete acquisition details for LogMeIn

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Financial Statements - LogMeIn

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Detailed financials for LogMeIn

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Logmein Comparisons

LogMeIn Primary company
Description
Remote access and IT support solutions are provided by LogMe...
Location
Boston, United States
Founded Year
2003
Annual Revenue
$2.2 M (USD)
Net Profit
$168.02 K (USD)
EBITDA
$394.22 K (USD)
Employees
31
As of 2024
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Peer comparison for LogMeIn

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Competitors of LogMeIn

LogMeIn 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 TeamViewer, Splashtop, GoToMyPC, Softdrive and AweRay, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based remote desktop access and collaboration are enabled for enterprises.
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Secure remote access and support software solutions are provided.
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Remote desktop access is enabled for Mac and PC platforms.
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Cloud based remote access software
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Detailed competitors of LogMeIn

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Logmein

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Complete news archive for LogMeIn

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about LogMeIn

LogMeIn was founded in 2003 and raised its 1st funding round 1 year after it was founded.

LogMeIn is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

LogMeIn is a funded company, having raised a total of $20M across 2 funding rounds to date.

As of Mar 24, 2024, the latest employee count at LogMeIn is 31.

Annual revenue of LogMeIn is $2.2M as on Mar 31, 2017.

Remote access, unified endpoint management, and IT support software are offered by LogMeIn. Solutions are designed for IT professionals and managed service providers (MSPs) to securely manage and support endpoints worldwide. Products such as LogMeIn Rescue, Resolve, Central, Pro, and GoToMyPC cater to various needs including remote support, monitoring, and secure file access. Advanced security features, AI-driven tools, and mobile device management are integrated to enhance productivity and compliance across sectors like business, education, and healthcare. Comprehensive data protection and disaster recovery solutions are also provided in collaboration with Acronis.

LogMeIn's top competitors include TeamViewer, Splashtop and GoToMyPC.

LogMeIn offers LogMeIn Rescue, LogMeIn Resolve, LogMeIn Central, LogMeIn Pro, and GoToMyPC.

LogMeIn has made 8 acquisitions, including AuthAir, BoldChat, and Ionia Corporation.

LogMeIn has 3 investors. Key investors include Prism Venture Partners, 3TS Capital Partners, and Integral Capital Partners.

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