ScienceLogic Declared that it has raised $105 million in Growth financing.
Company's continued innovation in the AIOps marketplace and further expand ScienceLogic's position within the 30 + billion IT Operations Management software market.
Companies across the globe are adopting Cloud tools and strategies more than amid the guadagnare 1 milione COVID-19 pandemic, with huge demand for electronic services and scalability.
We think ScienceLogic is poised to Meet that demand as organizations look for hybrid-cloud toolsets from trusted partners to securely harness business agility, cost savings and innovation.
"More than ever, IT Operations
Management has taken root as a front-office priority behind mission-critical electronic experiences that define how we live, work and play.
"As big businesses shift workloads to The cloud while handling on-prem resources, new tools are overriding to deliver service visibility and quicker episode resolutions improved by advanced AI/ML technology," said Dave Link, Founder & CEO of ScienceLogic.
"What we are witnessing is a major Investment cycle from heritage monitoring tools and toward AIOps platforms."
The financing is Meant to accelerate ScienceLogic's product development and engineering leadership, supporting the company's broader expansion plans and the reach of its flagship SL1 digital infrastructure monitoring platform.
Funds are anticipated to be allocated Toward recruitment efforts and product investments directed toward cloud-native technologies such as microservices and container solutions, AI/machine learning, and hybrid cloud operations that change digital experiences and enhance security.
"The ScienceLogic group has built a Top platform to track mission-critical infrastructure and software and is in the middle of a number of the greatest, most complex IT environments at the forefront of digital transformation," said Shawn O'Neill, Managing Director and Group Head of Silver Lake Waterman.
"Dave Link and the leadership group have A long history of building value and trust with customers and we look forward to partnering with the group and helping drive additional adoption."
Some of the largest global enterprises, Federal agencies and managed service providers trust ScienceLogic's modern platform to ensure availability of the software and business operations round hybrid-cloud and multi-cloud deployments.
IT operations teams ingest hyperscale data volume in real-time throughout disparate hybrid-cloud architectures, while its patented discovery and automation technologies improves agility, accelerates incident response and drives productivity by strengthening application health, resolution time and consumer expertise.
The funding news comes following a recent Announcement in the company to enlarge its product development, engineering and sales and marketing personnel.
That further cement the business's forward momentum.