Friday, November 15, 2024
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ScienceLogic: Raises $105M in Series E Financing

  • ScienceLogic, a Reston, Virginia-based provider of AI-driven monitoring solutions for hybrid cloud management, raised $105m in Series E financing
  • The round was led by Silver Lake Waterman with participation from existing investors Goldman Sachs, Intel Capital and NewView Capital
  • The company also intends to use the funds for recruitment efforts and product investments aimed at cloud-native technologies including microservices and container solutions
  • ScienceLogic is an IT Operations Management platform providing IT operations with actionable insights to predict and resolve problems faster in a digital world
  • Its IT infrastructure monitoring and AIOps solution sees everything across multi-cloud and distributed architectures, contextualizes data through relationship mapping
  • The SL1 monitoring platform also allows IT operations teams to ingest hyperscale data volume in real-time across disparate hybrid-cloud architectures

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