# ScienceLogic

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

- Industry: Software
- Headquarters: Reston, US
- Website: www.sciencelogic.com/
- Total disclosed funding: $152M
- Latest round: Series E (Feb 23, 2021)
- Investors on record: 5

## About

Based in the US, ScienceLogic, Inc. develops an AI-driven platform that streamlines IT operations, providing solutions for hybrid cloud monitoring, application monitoring, and IT workflow automation to enhance operational efficiency.Founded in 2003 in Reston, US, ScienceLogic, Inc. specializes in IT operations management through its AI-powered solutions. The firm led a Series E funding round in which it raised USD 70.00 mn, with Silver Lake as the lead investor and participation from Goldman Sachs Merchant Banking Division, Intel Capital, and NewView Capital. The total amount raised by ScienceLogic is USD 70.00 mn, with a current company valuation of USD 685.05 mn. The founders, Dave Link and Richard Chart, have extensive backgrounds in technology and entrepreneurship, with Dave Link serving as the CEO.ScienceLogic specializes in providing an AI-driven platform designed for IT operations, specifically known as AIOps. The core offerings of the ScienceLogic AI Platform include comprehensive hybrid cloud monitoring, application monitoring, IT workflow automation, observability, and network management. These tools are engineered to streamline IT operations, automate workflows, and enhance visibility across diverse IT environments, addressing challenges such as Mean Time to Repair (MTTR) and operational efficiency. ScienceLogic's end users include enterprise IT departments, global system integrators, service providers, and public sector entities across North America, Europe, and Asia-Pacific, serving various industries such as banking, telecommunications, and government services.The revenue model for ScienceLogic is predominantly based on subscription services, with clients engaging through annual or multi-year licensing agreements for their software solutions. Transactions generally involve direct sales to business clients, focusing on enterprise-level deployments that leverage the ScienceLogic AI Platform for enhanced IT management. Clients may access various pricing plans tailored to different scales of operation, with specific costs associated with flagship products such as SL1, integral to IT monitoring and management. The pricing structure accommodates the needs of larger organizations while providing flexibility for various integration and support services.ScienceLogic plans to continue expanding its portfolio by designing new products, with specific launch dates yet to be announced. The company aims to penetrate new markets, particularly targeting regions in Europe and Asia, by the end of 2024. The recent Series E funding of USD 70.00 mn will support these initiatives, particularly in enhancing product development and expanding marketing efforts. Additionally, New Enterprise Associates exited its stake in ScienceLogic, Inc. for an undisclosed amount.

## Funding rounds

- Series E, Feb 23, 2021, $70M — Silver Lake, Intel Capital, Goldman Sachs Asset Management, NewView Capital
- Series D, Feb 12, 2015, $43M — New Enterprise Associates, Intel Capital, Goldman Sachs Asset Management
- Series C, Dec 20, 2013, $11M — New Enterprise Associates, Intel Capital
- Series B, Feb 24, 2012, $13M — New Enterprise Associates, Intel Capital
- Series A, Mar 31, 2010, $15M — New Enterprise Associates

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A, Series B, Series C, Series D
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B, Series C, Series D, Series E
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series D, Series E
- Silver Lake (https://capitalatlas.ai/funds/silver-lake) — Series E
- NewView Capital (https://capitalatlas.ai/funds/newview-capital) — Series E