LogPoint Raises $30 Million. Investors Feel Optimistic.

0
40

As more and more companies make a shift to the internet, companies like LogPoint are a blessing in the process.

Copenhagen-based tech company that provides automated solutions for cybersecurity and analytics to other companies, LogPoint, has recently raised $30 Million in Series B round.

Digital+ Partners led the round followed with participation from existing investors including Evolution Partners. Post Series B, LogPoint has raised a total of $42 Million so far.

What Does LogPoint Do?

In simple terms, LogPoint creates secure internet solutions for analytics and automation that enables its customers to thrive on the internet without the risk of cyber attacks.

Series B didn’t only bring the funds but also brought a new member in the board of directors to the table. Thomas Jetter, Co-Founder and Managing Director of Digital+ Partner said in an interview – “In LogPoint, we’ve identified an ideal combination of technology, intellectual and human capital, and growth potential, which makes the company a perfect fit for our portfolio. Our key focus is supporting global scale-up strategies, and with more than 1.000 customers globally, LogPoint is ready to scale”.

Considering the inventors feel optimistic about LogPoint’s technology and the rapid rising demand for internet security, there seems no doubt about the growth of the company in the coming years.

LEAVE A REPLY

Please enter your comment!
Please enter your name here