Logpoint, a Copenhagen, Denmark-based creator of a cybersecurity operations platform, received a majority investment from Summa Equity.
The amount of the deal was not disclosed. Summa made the investment, subject to final regulatory approval, expected in Q2 2023, via its EUR 2.3bn Fund III, which focuses on thematic investments in Resource Efficiency, Changing Demographics, and Tech-Enabled Transformation.
Led by CEO Jesper Zerlang, Logpoint is a provider of foundational SIEM, UEBA, SOAR, and SAP security technologies converged into a complete platform. It secures digital transformation and helps organisations of all sizes combat cybersecurity threats, operate reliable IT infrastructures, and provide the essential digital engine for companies to comply with regulations such as GDPR and NIS2. Logpoint collects security information from the entire digital infrastructure. Information is analysed in real-time employing big data analytics, advanced machine learning, and automation technologies. The platform, available as a SaaS solution and On-Premise, provides situational overview, identifies cybersecurity threats, and provides cybersecurity teams with the tools to respond immediately.
Following the Summa investment, Yttrium (formerly Digital+ Partners) will remain a significant minority shareholder in Logpoint.
FinSMEs
02/03/2023