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About LogicMonitor
Industries
Enterprise Software
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$528.2M
Headquarters
Santa Barbara, California
Founded
2007
Overview
LogicMonitor provides a platform for monitoring IT infrastructure across both on-premises and cloud environments. Its service helps businesses keep track of their systems to ensure they run smoothly and to avoid outages. The platform uses artificial intelligence and machine learning to identify potential problems before they occur, giving users insights that help them focus on improving their operations rather than just maintaining them. Unlike many competitors, LogicMonitor offers a subscription-based model that is scalable and can be quickly set up to meet the specific needs of different clients. The company's goal is to enhance operational efficiency and support growth by providing real-time visibility and predictive analytics to its diverse global clientele.
Simplify's Take
What believers are saying
- Growing demand for hybrid observability aligns with LogicMonitor's offerings.
- AI-driven IT operations boost operational efficiency, benefiting LogicMonitor's platform.
- $800M investment supports LogicMonitor's expansion and innovation initiatives.
What critics are saying
- Emerging AI-driven platforms may erode LogicMonitor's market share.
- Rapid AI advancements could challenge LogicMonitor's integration capabilities.
- OpenAI partnership may face integration challenges with LogicMonitor's platform.
What makes LogicMonitor unique
- LogicMonitor leverages AI and ML for predictive insights in IT operations.
- The platform offers hybrid observability across on-premises and cloud environments.
- Strategic partnerships enhance LogicMonitor's capabilities in AI-driven data center transformation.
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Funding
Total Funding
$528.2M
Above
Industry Average
Funded Over
4 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Parental Leave
Wellness Program
Unlimited Paid Time Off
Professional Development Budget
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -3%2 year growth
↑ 9%LogicMonitor, the leading SaaS-based platform for AI-powered data center transformation, today announced its strategic collaboration with OpenAI, solidifying its leadership in AI-powered innovation and data center transformation.
The collaboration will transform ITOps and empower the workforce of tomorrow with cutting-edge AI technologiesSANTA BARBARA, Calif., Jan. 21, 2025 /PRNewswire/ -- LogicMonitor , the leading SaaS-based platform for AI-powered data center transformation, today announced its strategic collaboration with OpenAI , solidifying its leadership in AI-powered innovation and data center transformation. Together with OpenAI, LogicMonitor advances its mission to enable seamless, scalable, and intelligent IT operations (ITOps) that benefit the management of AI and the shaping of the future workforce.Powering the Future of AILogicMonitor has leveraged its own robust data sets gathered from over a decade of monitoring data centers to create LLMs purpose-built for ITOps and the teams driving AI innovation. This collaboration underscores LogicMonitor's commitment to transform data centers by enabling enterprises to future-proof their IT environments through AI-powered insights, automation, and operational resilience. By integrating with OpenAI's cutting-edge technologies, including o1, LogicMonitor enhances its platform intelligence - delivering smarter and more actionable data, intelligent automation, and unmatched scalability and efficiency for enterprise IT teams."LogicMonitor has long been the trusted, strategic partner to CIOs, helping them build resilient, scalable businesses ready for the Agentic AI era," said Christina Kosmowski, CEO, LogicMonitor. "This integration with OpenAI's technology accelerates our AI leadership, enabling us to deliver the most advanced reasoning technologies that transform data centers and ITOps
LogicMonitor has unveiled an upgraded Partner Program aimed at empowering global partners to navigate the evolving AI landscape and modernise data centres, emphasising a strategic approach to channel ecosystem support.
LogicMonitor has announced an enhanced version of its LogicMonitor Partner Program, which aims to assist global partners in adopting artificial intelligence (AI) and transforming data centres.
LogicMonitor, the leading SaaS-based hybrid observability platform powered by artificial intelligence (AI), today announced a strategic partnership with Gieom, a global leader in operational resilience solutions. Together, the companies will help financial institutions address evolving regulatory requirements, including the EU’s Digital Operational Resilience Act (DORA) and the FCA Operational Resilience Requirements, by providing end-to-end oversight through Gieom’s Operational Resilience Platform powered by LogicMonitor’s LM Envision platform. Helping financial institutions stay ahead of compliance challenges. Operational resilience in financial services extends beyond cybersecurity, requiring a holistic approach to identifying, managing, and mitigating risks across systems and third-party relationships. The sweeping impact of regulations like DORA, which affects over 22,000 financial institutions, is creating a pressing need for continuous monitoring and swift reporting of operational incidents
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About LogicMonitor
Industries
Enterprise Software
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$528.2M
Headquarters
Santa Barbara, California
Founded
2007
LogicMonitor is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today