Logi Analytics Closes $27.5M Growth Equity Funding
Logi Analytics, a McLean, VA-based provider of the authority on embedded analytics, closed a $27.5m growth equity funding.
The round was led by new investor LLR Partners, with participation from current investor Updata Partners.
The company intends to use the funds to launch new products, further develop the product and expand into new geographic and vertical markets.
Led by President and CEO Brett Jackson, Logi Analytics provides clients with the ability to analyze large volumes of data from disparate sources to make better business decisions and optimize performance. Its solutions allow users to create, and deploy web-based BI and analytic applications that can be embedded into users existing business applications, systems and processes.
The company, which had previously raised $23.1m from Updata Partners, Grotech Ventures and Summit Partners, is hiring.