ScienceLogic, a company with software for tracking the health of companies’ applications and underlying IT infrastructure, is unveiling today a new $43 million funding round.
The Reston, Va.-based company has been around since 2003, so it’s not exactly the hottest new startup around. But ScienceLogic does have a major new investor to boast of: Goldman Sachs, which led the new round. Previous investors NEA and Intel Capital also participated.
The new money will give ScienceLogic the freedom to spend more on sales, marketing, geographical expansion, and further product development.
The nature and sheer size of the investment suggests that an exit might not be all that far off — and that the company’s technology stands to become more popular.
And it’s a vote of the confidence in companies in the business of IT operations management — especially when it can provide a view of cloud infrastructure alongside companies’ existing data center infrastructure. Other companies in the market include HP, IBM, Solarwinds, and Zenoss.
ScienceLogic’s customers include AT&T, Cisco, Comcast, Equinix, Kellogg, and SAP.
The company announced a $15 million funding round in 2012.