Tech Company Financing Transactions

Alert Logic Funding Round

Alert Logic, based in Houston, received $12.6 million from Access Venture Partners, Covera Ventures and Mercury Fund.

Transaction Overview

Company Name
Announced On
4/11/2011
Transaction Type
Venture Equity
Amount
$12,600,000
Round
Series E
Investors

Access Venture Partners (John Campion)

Covera Ventures (Steven Coffey)

Mercury Fund (Blair Garrou)

Updata Partners (Carter Griffin)

Proceeds Purpose
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.

Company Information

Company Status
Acquired or Merged
Industry
Security
Mailing Address
1776 Yorktown 7th Floor
Houston, TX 77056
USA
Email Address
Overview
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.
Profile
Alert Logic LinkedIn Company Profile
Social Media
Alert Logic Company Twitter Account
Company News
Alert Logic News
Facebook
Alert Logic on Facebook
YouTube
Alert Logic on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gray Hall
  Gray Hall LinkedIn Profile  Gray Hall Twitter Account  Gray Hall News  Gray Hall on Facebook
Chief Financial Officer
John Karnes
  John Karnes LinkedIn Profile  John Karnes Twitter Account  John Karnes News  John Karnes on Facebook
Chief Information Officer
Tom Veronie
  Tom Veronie LinkedIn Profile  Tom Veronie Twitter Account  Tom Veronie News  Tom Veronie on Facebook
Chief Technical Officer
Dave Colesante
  Dave Colesante LinkedIn Profile  Dave Colesante Twitter Account  Dave Colesante News  Dave Colesante on Facebook
VP - Operations
Marty McGuffin
  Marty McGuffin LinkedIn Profile  Marty McGuffin Twitter Account  Marty McGuffin News  Marty McGuffin on Facebook
VP - Product Management
Misha Govshteyn
  Misha Govshteyn LinkedIn Profile  Misha Govshteyn Twitter Account  Misha Govshteyn News  Misha Govshteyn on Facebook
VP - Sales
Greg Davis
  Greg Davis LinkedIn Profile  Greg Davis Twitter Account  Greg Davis News  Greg Davis on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/11/2011: EverFi venture capital transaction
Next: 4/12/2011: Digital Lumens venture capital transaction

 

Share this article

 


Where The Data Comes From

Our team works diligently to report on every notable VC transaction. VC transactions on this site are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary