Tech Company Financing Transactions
Logicworks Funding Round
Logicworks, based in New York, received $7.6 million from Seaport Capital.
Transaction Overview
Company Name
Announced On
4/5/2011
Transaction Type
Venture Equity
Amount
$7,600,000
Round
Undisclosed
Investors
Seaport Capital (William Luby)
Proceeds Purpose
The new capital will be used to support the growth of Logicworks' cloud computing platform, infiniCloud(TM) , to expand sales and marketing initiatives, and to invest further in software development, for the benefit of the company's media, financial services, healthcare, and SaaS clientele.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
155 Ave. of the Americas 5th Floor
New York, NY 10013
USA
New York, NY 10013
USA
Phone
Website
Email Address
Overview
Logicworks exclusively delivers enterprise hosting and cloud solutions to sophisticated, high-growth clients in need of high-availability for their most critical applications and content. Clients can reduce capital expenses, operating overhead and multi-vendor management by relying on Logicworks to be an extension of their technical operations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kenneth Ziegler
Chief Technical Officer
Jason Mckay
VP - General Counsel
Alex Cohen
VP - Marketing
Marilyn Daly
VP - Product Management
Steven Zeller
VP - Sales
John Cerciello
VP - Sales
Paul Jacoby
Browse more venture capital transactions:
Prev: 4/5/2011: Pluribus Networks venture capital transaction
Next: 4/5/2011: PlaceIQ venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are derived from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs