Alert Logic, a Houston, Texas-based provider of on-demand security solutions, closed a $12.6m Series E financing.
The round was led by existing investors Updata Partners, Covera Ventures, DFJ Mercury, and Access Venture Partners, with participation from members of the company’s management team.
Alert Logic plans to use the funds to broaden its product and service portfolio and invest in all aspects of the business, ranging from sales and marketing, to engineering and product development, as well as business development and strategic alliances.
Founded in 2002 and led by president and CEO Gray Hall, Alert Logic delivers an integrated solution consisting of Software-as-a-Service products and 24×7 Security Operations Monitoring services for intrusion detection, vulnerability assessment, and log management. Its integrated managed services, which provide 24×7 monitoring, alerting, and expert guidance, are provided to over 1,200 enterprise customers by a Security Operations Center staffed with certified security analysts.
FinSMEs
11/04/2011