What is LogPoint?
Founded in 2012 and headquartered in Denmark, LogPoint specializes in cybersecurity solutions designed to automate repetitive tasks and orchestrate workflows throughout the threat remediation process. By executing predefined playbooks, LogPoint empowers organizations to reduce manual intervention, thereby enabling security teams to concentrate on critical protective measures. The company's platform aims to enhance efficiency and effectiveness in managing cybersecurity threats, positioning it as a key player in the evolving threat landscape.
How much funding has LogPoint raised?
LogPoint has raised a total of $40M across 2 funding rounds:
Series A
$10M
Series B
$30M
Series A (2017): $10M with participation from Richard Seewald, Karel Obluk, and Evolution Equity Partners
Series B (2020): $30M led by Evolution Equity Partners and Digital+ Partners
Key Investors in LogPoint
Evolution Equity Partners
Evolution Equity Partners is an international venture capital firm that specializes in cybersecurity investments, partnering with visionary entrepreneurs to build market-leading companies. The firm is led by experienced technology entrepreneurs who provide extensive expertise in operating, technical, product development, and go-to-market strategies.
Digital+ Partners
Yttrium is a growth equity investment firm specializing in B2B technology companies, partnering with exceptional management teams to help them scale globally. With over 750 million Euros in assets under management, Yttrium focuses on providing targeted support to accelerate the growth of its portfolio companies.
Richard Seewald
Undisclosed investor participating in the funding round.
What's next for LogPoint?
With the recent infusion of major strategic investment, LogPoint is poised for accelerated growth and innovation. The company is likely to leverage this capital to enhance its product offerings, expand its global market reach, and strengthen its competitive advantage in the cybersecurity automation sector. This funding will support LogPoint's mission to provide advanced solutions that help organizations proactively defend against sophisticated cyber threats and optimize their security operations.
See full LogPoint company page
