LogicNow

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LogicNow - overview

Established

1992

Location

Austin, TX, US

Primary Industry

IT Security/Cybersecurity

About

GFI USA, LLC, doing business as LogicNow, specializes in providing comprehensive software solutions that enhance network and application performance, simplify network management, and prevent downtime for businesses, particularly targeting small to medium-sized companies globally. Based in Texas, US, and founded in 1992, GFI USA, LLC, doing business as LogicNow, offers solutions including remote connection, support, and security products. In June 2016, SolarWinds, a portfolio company of Turn/River Capital, acquired by GFI Software from Insight Partners and Bessemer Venture Partners. LogicNow provides a comprehensive suite of software solutions designed to enhance network and application performance, preventing downtime and simplifying network management for businesses.


Their core offerings include robust firewall and secure VPN solutions, Unified Threat Management (UTM), automated patch management, and communication tools such as email, calendar, and collaboration systems, notably at competitive pricing. The GFI FaxMaker enables digital faxing directly from email clients, further streamlining communication. Targeted primarily at small to medium-sized businesses (SMBs), GFI's products serve a global client base across North America, Europe, and Asia, addressing issues related to network visibility and security. The company’s flagship product, GFI LanGuard, assesses network threats, while GFI Exinda Network Orchestrator controls network traffic, catering to diverse end-user needs across multiple industries.


LogicNow operates through a revenue model primarily based on software licensing and subscription services, offering partners and clients flexible pricing plans tailored to specific needs. Clients engage with the company through direct purchases of software licenses or via their managed service provider (MSP) partner programs, which may include bundled service offerings. The structured transaction process often involves an annual subscription fee for GFI's products, with some solutions available on a monthly basis to cater to varying customer requirements. GFI’s flagship products, including GFI LanGuard and GFI FaxMaker, are integral to their revenue generation, addressing critical business needs such as network security and efficient communication.


The company's focus on delivering trusted software solutions through a global network of partners enables ongoing revenue generation, primarily from B2B transactions.


Current Investors

Insight Partners

Primary Industry

IT Security/Cybersecurity

Sub Industries

IT Security/Cybersecurity

Website

www.gfi.com

Total Amount Raised

Subscriber access only

LogicNow - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedLogicNow-
Unspecified RoundCompletedLogicNow-
Secondary BuyoutCompletedTeamViewer Germany GmbH-
Trade SaleCompletedIASO Backup Technology-
Add-onCompletedIASO Backup Technology-

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LogicNow - employee data

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