10 likes | 10 Views
Growth financing. Silver Lake Waterman directed the Business's Series E round with participation from existing investors Goldman Sachs, Intel Capital and NewView Capital. <br> Company's continued innovation in the AIOps market and further broaden ScienceLogic's position over the $30 billion IT Operations Management software market.<br>Companies Throughout the globe are embracing Cloud strategies and tools over amid the COVID-19 pandemic, with massive demand for electronic services and scalability.<br>We believe ScienceLogic is poised to Meet that demand as organizations search for hybrid-cloud toolsets from trusted partners to safely exploit business agility, cost savings and invention.<br><br>"More than ever, IT Operations<br><br> Management has taken root as a front-office priority supporting mission-critical digital experiences that define how we live, play and work.<br>"As large businesses shift workloads to The cloud whilst handling on-prem resources, new resources are overriding to deliver service visibility and quicker episode resolutions made better by advanced AI/ML technology," explained Dave Link, Founder & CEO of ScienceLogic.<br>"What we're seeing is a significant Investment cycle away from legacy monitoring tools and toward AIOps platforms."<br>The financing is Meant to accelerate ScienceLogic's product development and technology leadership, encouraging the organization's broader expansion plans and the reach of its flagship SL1 digital infrastructure monitoring platform.<br>Funds are expected to be allocated Toward recruiting efforts and product investments directed at cloud-native technologies such as microservices and container solutions, AI/machine learning, and hybrid cloud operations that change digital experiences and enhance security.<br>"The ScienceLogic group has assembled a Leading platform to track mission-critical infrastructure and applications and is at the middle of some of the largest, most complex IT environments in the forefront of digital transformation," said Shawn O'Neill, Managing Director and Group Head of Silver Lake Waterman.<br>"Dave Link and the leadership team have A very long track record of building value and trust with customers and we look forward to partnering with the team and assisting drive additional adoption."<br>Some of the largest global enterprises, National agencies and managed service providers trust ScienceLogic's modern platform to guarantee accessibility to the software and business operations across hybrid-cloud and multi-cloud deployments.<br><br>The scalable SL1 monitoring platform aids IT operations groups ingest hyperscale data quantity in real time throughout disparate hybrid-cloud architectures, while its patented discovery and automation technology enhances agility, accelerates incident response and drives productivity by strengthening application health, resolution time and consumer experience.<br>The financing news comes following a recent Announcement from the company to expand its product development, engineering and sales and marketing personnel. <br><br>ScienceLogic's AIOps market leadership<br><br> Was recently highlighted by the Forrester Wave, which included ScienceLogic as one of only three firms highlighted as AIOps Leaders -- honors That further cement the company's forward momentum.
E N D
ScienceLogic announced it has raised $105 million in Growth financing. Silver Lake Waterman led the company's Series E round with participation from existing investors Goldman Sachs, Intel Capital and NewView Capital. Firm's ongoing innovation in the AIOps market and further expand ScienceLogic's position over the $30+ billion IT Operations Management software market. Companies across the World are embracing Cloud strategies and tools more than ever amid the COVID-19 pandemic, with massive demand for electronic services and scalability. We believe ScienceLogic is poised to Meet that demand as organizations search for hybrid-cloud toolsets from trusted partners to safely exploit business agility, cost savings and invention. Management has taken root as a front-office priority behind mission-critical electronic experiences that define the way we live, work and play. "As big businesses shift workloads to The cloud whilst managing on-prem resources, new tools are overriding to provide service visibility and quicker episode resolutions improved by advanced AI/ML technology," explained Dave Link, Founder & CEO of ScienceLogic. "What we are witnessing is a significant Investment cycle away from heritage monitoring tools and toward AIOps platforms" The funding is Meant to accelerate ScienceLogic's product development and engineering direction, supporting the organization's broader expansion plans and the range of its flagship SL1 digital infrastructure tracking platform. Funds are anticipated to be allocated Toward recruiting efforts and merchandise investments directed toward cloud-native technologies such as microservices and container solutions, AI/machine learning, and hybrid cloud operations that change digital experiences and enhance security. "The ScienceLogic group has built a Leading platform to track mission-critical infrastructure and software and is at the middle of some of the largest, most complex IT environments at the forefront of electronic transformation," explained Shawn O'Neill, Managing Director and Group Head of Silver Lake Waterman. "Dave Link along with the leadership team have A very long track record of building trust and value with clients and we look forward to partnering with the group and assisting drive additional adoption." Some of the biggest global enterprises, National agencies and managed service providers trust ScienceLogic's modern platform to ensure availability of the applications and business operations across hybrid-cloud and multi- cloud deployments. The scalable SL1 monitoring platform aids IT operations groups ingest hyperscale data volume in real-time across disparate hybrid-cloud architectures, while its patented discovery and automation technology improves agility, accelerates incident response and drives productivity by strengthening application health, resolution time and user expertise. The funding news comes following a recent Also was guadagno per 1 milione visualizzazioni recently highlighted by the Forrester Wave, which included ScienceLogic as one of three companies highlighted as AIOps Leaders -- honors That further cement the business's forward momentum.