About LogMeIn
LogMeIn is a company based in Boston (United States) founded in 2003 was acquired by Francisco Partners in December 2019. It operates as a SaaS (Software-as-a-Service), and Subscription Services. The company has 633 employees as of December 31, 2016. LogMeIn has completed 4 acquisitions, including GoToMeeting, Jive Communications and LastPass. 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 RingCentral, Dialpad, Fuze, TeamViewer and Weave, among others.
- Headquarter Boston, United States
- Employees 633 as on 31 Dec, 2016
- Stage Public
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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 Goto
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Elliott Management
& 1 more
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Employee Count
633
as on Dec 31, 2016
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Investments & Acquisitions
GoToMeeting
& 3 more
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Acquired by
Francisco Partners
(Dec 17, 2019)
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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. 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.
Enterprise-grade software for fast, secure remote IT support.
All-in-one solution for IT management and support needs.
Tool for securing and managing IT infrastructure remotely.
Secure file access from any device or network.
Access Mac or PC remotely from any device.
Funding Insights of LogMeIn
| 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 LogMeIn
LogMeIn has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Elliott Management and Francisco 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investment firm focused on technology sector
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by the hedge fund.
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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 LogMeIn
LogMeIn has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include GoToMeeting, Jive Communications and LastPass. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Self-learning Q&A tools are delivered via NLP and semantic search.
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2009 | ||||
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Cloud-based password management and secure data storage are provided.
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2008 | ||||
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Cloud-based VoIP and unified communications are offered to enterprises.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - LogMeIn
| 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 |
Logmein Comparisons
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 RingCentral, Dialpad, Fuze, TeamViewer and Weave, 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 |
Cloud-based unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Cloud-based remote desktop access and collaboration are enabled for enterprises.
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| domain | founded_year | HQ Location |
Omnichannel software is delivered for customer engagement in healthcare businesses.
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| domain | founded_year | HQ Location |
An AI platform is utilized for connecting employees across organizations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Logmein
Frequently Asked Questions about LogMeIn
When was LogMeIn founded?
LogMeIn was founded in 2003.
Where is LogMeIn located?
LogMeIn is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
How many employees does LogMeIn have?
As of Dec 31, 2016, the latest employee count at LogMeIn is 633.
What does LogMeIn do?
LogMeIn is established as a provider of remote access, unified endpoint management, and IT support software solutions. Services are offered to IT professionals and managed service providers (MSPs) across various sectors. Solutions such as LogMeIn Rescue, Resolve, Central, Pro, and GoToMyPC are designed to enhance productivity, ensure security, and manage IT infrastructure efficiently. Advanced features like AI-driven tools, mobile device management, and data protection are integrated to meet modern security demands and support business continuity.
Who are the top competitors of LogMeIn?
LogMeIn's top competitors include Dialpad, RingCentral and TeamViewer.
What products or services does LogMeIn offer?
LogMeIn offers LogMeIn Rescue, LogMeIn Resolve, LogMeIn Central, LogMeIn Pro, and GoToMyPC.
How many acquisitions has LogMeIn made?
LogMeIn has made 4 acquisitions, including GoToMeeting, Jive Communications, and LastPass.
Who are LogMeIn's investors?
LogMeIn has 2 investors. Key investors include Elliott Management, and Francisco Partners.
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