Thursday, February 28, 2008

Alert Logic--on-demand IT compliance and security solutions has raised $8.25 million in Series C funding

What Company Is Offering:
Alert Logic is the industry's leading provider of on-demand IT compliance and security solutions. Our solutions provide mid-sized organizations with the easiest way to secure networks and comply with policies and regulations.

Their on-demand platform utilizes software-as-a-service to deliver the benefits of rapid deployment, zero maintenance, and no upfront capital costs. As a result, Alert Logic customers benefit from easy and affordable network security and compliance.

How Much They Got From VCs:

Alert Logic Inc., a Houston-based provider of on-demand IT network security solutions, has raised $8.25 million in Series C funding, according to a regulatory filing. Updata Partners led the round, and was joined by return backers Hunt Ventures, DFJ Mercury, Access Venture Partners and OCA Ventures. The company had previously raised $7.5 million.

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