LogLogic scores $8M for data management services

LogLogic, the San Jose, Calif. company that manages data for information technology departments, says it brought in $8.8 million in a fourth round of funding to take better advantage of its recent acquisition, Exaprotect, a similar company base in Europe. It says it will use the money to build its overseas presence and adapt its new software offerings for more predictive and analytics services.

The recent round came from Invesco Private Capital, SAP Ventures, Sequoia Capital, Telesoft Partners and Worldview Technology Partners.

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Camille was the lead writer for GreenBeat until August 2010. To reach VentureBeat's current writers, email tips@venturebeat.com.

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