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LogicNow

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Cloud-based IT service management platform for MSPs

LuxembourgFounded 2001Other B2B Software
Valuation $100–250M Last recorded · 2015
Revenue <$1M Latest reported FY
Total funding $10–50M Disclosed equity funding
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About LogicNow

LogicNow was a provider of integrated, cloud-based IT Service Management (ITSM) solutions primarily serving the Managed Service Provider (MSP) community. The company originated from HoundDog Technology, which was co-founded by Alistair Forbes in 2004. LogicNow was officially established in 2009. It was known for its SaaS platform that enabled MSPs to manage and secure IT infrastructure for their clients.

The company's core product was the MAXfocus platform, which included remote management, backup and disaster recovery, mail security, and a service desk. This integrated suite allowed MSPs to handle tasks such as network monitoring, patch management, managed antivirus, and web protection from a single dashboard. LogicNow also developed a machine learning platform called LOGICcards, which used data from millions of endpoints to predict the IT service needs of small businesses. Another product, ControlNow, was tailored for corporate IT departments, combining remote IT management and security tools.

The company's business model was subscription-based, offering its SaaS solutions to a global customer base. By 2016, the platform was used by approximately 200,000 engineers daily. Key investors included Bessemer Venture Partners and Insight Partners, with the company raising $82.2 million over two funding rounds. The CEO was Walter Scott, and Alistair Forbes served as General Manager.

On June 1, 2016, LogicNow was acquired by SolarWinds. The acquisition led to the merger of LogicNow with SolarWinds N-Able, creating a new entity called SolarWinds MSP. At the time of the acquisition, the combined entity served over 18,000 MSPs, managing more than five million endpoints and one million mailboxes worldwide.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2001
Headquarters
Luxembourg
Open positions
None listed
Dealroom signal
22.7/100
Industry
Enterprise Software
Sector
Other B2B Software
Business model
SaaS
Client focus
b2b
Investment activity
3 companies, latest Dec 2016
Capital deployed
—
Preferred round
ACQUISITION

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
MERGER✓Other financing Dec 2016 $0 — N-able —
ACQUISITION✓Exit Jun 2016 $0 — SolarWinds —
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

LogicNow website traffic

Latest recorded traffic for LogicNow is 350 monthly website visits, up 118.8% over the last three months.

Latest monthly visits350 3-month web change+118.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Other known investors3 additional known investors

Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇱🇺 Luxembourg HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about LogicNow on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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