LogRhythm, a Boulder, Colorado-based company that delivers log and security event management, file integrity monitoring, and network and user monitoring in a single integrated solution, closed a $10m Series C round of financing.
Adams Street Partners joined existing investors Access Venture Partners, Colorado Fund I, Croghan Investments and Grotech Ventures.
The company intends to use the funds to accelerate international expansion, expand product development and build out its service and support infrastructure.
Led by CEO Andy Grolnick, LogRhythm provides enterprise-class Log Management, Log Analysis and SIEM 2.0 solutions that empower organizations to comply with regulations, secure their networks and optimize IT operations.
The company’s customer base includes Fortune 500 corporations and midsize enterprises spanning a variety of industries including retail, financial services, utilities, healthcare and higher education as well as military and civilian government agencies and managed security service providers.
LogRhythm has European Headquarters in Maidenhead, England, and Asia Pacific operations in Hong Kong.