# LogRhythm

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/logrhythm

- Industry: Software
- Headquarters: Broomfield, US
- Total disclosed funding: $109M
- Latest round: Series F (Aug 18, 2016)
- Investors on record: 11

## About

Established in 2002 and based in Colorado, US, LogRhythm, Inc., formerly Security Conscious, Inc., operates as a security intelligence company that detects online security threats. The firm provides log management, log analysis, and event management solutions for organizations. The company was co-founded by Phil Villella and Chris Petersen. In May 2024, LogRhythm agreed to merge with Exabeam, a portfolio company of Blue Owl Capital, Acrew Capital, Lightspeed Venture Partners, and Norwest Venture Partners. The transaction is subject to customary closing conditions and is expected to be completed in the third quarter of 2024. The company is a cloud-based SIEM solution provider. The product is called LogRhythm Axon, a Software as a Service (SaaS) version of our NextGen SIEM. It launched the first unlimited data offering in the SIEM market in 2019. It also has a self-hosted SIEM platform called LogRhythm SIEM, offering embedded modules, dashboards, and rules. Other products include LogRhythm NetMon, a self-hosted network traffic analytics, and LogRhythm UEBA, a machine learning module to detect insider threats. The company generates revenue by selling its software as a service. Its customers are enterprises in need of cybersecurity protection and SEIM solutions. The merger in 2024 will support LogRhythm's product development and expand its services.

## Funding rounds

- Series F, Aug 18, 2016, $40M — Adams Street Partners, Silver Lake, N47, SG Growth Capital, Riverwood Capital, Delta-v Capital, Exclusive Networks SA
- Series E, Jul 22, 2014, $40M — Adams Street Partners, Access Venture Partners, Riverwood Capital, Piper Sandler
- Series D, Jun 15, 2012, $15M — Adams Street Partners, Grotech Ventures, N47, High Country Venture
- Series C, Mar 30, 2011, $5M — Adams Street Partners, Grotech Ventures, Access Venture Partners, High Country Venture
- Series C, Dec 31, 2010, $4.9M — Adams Street Partners, Grotech Ventures, Access Venture Partners
- Series B, Mar 10, 2009, $3.3M — Grotech Ventures, Access Venture Partners, High Country Venture
- Series A, Dec 31, 2007, $1M — Access Venture Partners, High Country Venture

## Investors

- Access Venture Partners (https://capitalatlas.ai/funds/access-venture-partners) — Series A, Series B, Series C, Series E
- High Country Venture (https://capitalatlas.ai/funds/high-country-venture) — Series A, Series B, Series C, Series D
- Grotech Ventures (https://capitalatlas.ai/funds/grotech-ventures) — Series B, Series C, Series D
- Adams Street Partners (https://capitalatlas.ai/funds/adams-street-partners) — Series C, Series D, Series E, Series F
- N47 (https://capitalatlas.ai/funds/n47) — Series D, Series F
- Riverwood Capital (https://capitalatlas.ai/funds/riverwood-capital) — Series E, Series F
- Piper Sandler (https://capitalatlas.ai/funds/piper-sandler) — Series E
- Silver Lake (https://capitalatlas.ai/funds/silver-lake) — Series F
- SG Growth Capital (https://capitalatlas.ai/funds/sg-growth-capital) — Series F
- Delta-v Capital (https://capitalatlas.ai/funds/delta-v-capital) — Series F
- Exclusive Networks SA — Series F