ScienceLogic
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$11.0m | Series C | ||
$43.0m | Series D | ||
* | $25.0m | Growth Equity VC | |
$105m | Series E | ||
* | N/A | $21.2m Valuation: $525m | Late VC |
Total Funding | €214m |
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EditScienceLogic is a technology company specializing in IT operations management. The company provides a platform called SL1, which helps businesses monitor and manage their IT infrastructure and applications. This platform is particularly useful for companies that rely heavily on technology to run their operations, such as large enterprises, managed service providers (MSPs), and government agencies.
ScienceLogic operates in the IT operations management market, which focuses on ensuring that IT systems run smoothly and efficiently. This market is crucial for businesses that need to maintain high levels of performance and reliability in their IT systems.
The company's business model is based on a subscription service. Clients pay a recurring fee to use the SL1 platform, which provides them with tools to automate and streamline their IT operations. This model ensures a steady stream of revenue for ScienceLogic, as clients continue to pay for the service as long as they find it valuable.
ScienceLogic makes money by offering different tiers of service, which can include additional features and support. This allows clients to choose the level of service that best fits their needs and budget. The company also offers professional services to help clients implement and optimize the SL1 platform, providing an additional revenue stream.
In summary, ScienceLogic is a key player in the IT operations management market, providing a subscription-based platform that helps businesses monitor and manage their IT systems. The company serves large enterprises, MSPs, and government agencies, offering various service tiers and professional services to meet their needs.
Keywords: IT operations management, SL1 platform, infrastructure monitoring, application management, automation, large enterprises, managed service providers, government agencies, subscription service, professional services.