ScienceLogic raises $25 mln growth funding from Square 1 Bank


Reston, Virginia-based ScienceLogic, a provider of artificial intelligence software for IT operations management, announced that it has secured $25 million in growth financing from Square 1 Bank, a division of Pacific Western Bank. The company, founded in 2003, previously  raised more than $80 million in funding from Goldman Sachs, Intel Capital and New Enterprise Associates.

Source: Company release