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LogRhythm Logs $10 Million In VC Financing

Thursday, March 31, 2011 5:54:00 AM PDT | VentureDeal Staff
   Boulder, Colorado  --  IT software company LogRhythm has landed $10 million in its third round of institutional venture capital funding.

LogRhythm has developed comprehensive log management and analysis software that helps companies with compliance, security and optimization challenges.

Investors in the round included Adams Street Partners, Access Venture Partners, Grotech Ventures and others.

The company said it would use the financing to accelerate its international expansion and expand product development.

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