Company Description Alert Logic is the security industry’s leading provider of on-demand internal network security solutions designed to protect networks from threats that bypass perimeter, desktop, and server defenses.
Proceeds Purposes Alert Logic will use the proceeds of this financing to scale out its proven business model of delivering Security-as-a-Service solutions through a strategic channel of service provider partners. The company plans to broaden its product and service portfolio and bolster its existing Software-as-a-Service and Managed Security Service capabilities by investing in all aspects of the business, ranging from sales and marketing, to engineering and product development, as well as business development and strategic alliances.