Uplogix, Inc.

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Uplogix, Inc. - overview

Established

2003

Location

Austin, TX, US

Primary Industry

IT Infrastructure

About

Uplogix, Inc. provides innovative out-of-band management solutions to optimize remote network management, ensuring secure connectivity and operational efficiency for businesses. Founded in 2003 and headquartered in Austin, US, Uplogix, Inc. specializes in remote management technologies.


The company was acquired by Lantronix, Inc. in September 2022 for up to USD 12 million, which included an upfront payment of USD 8 million and further milestones. Lisa Frankovitch currently serves as CEO. Uplogix, Inc.


focuses on out-of-band remote management solutions that enhance network performance and security. Their offerings include innovative technologies that provide centralized control and automated recovery, catering to various sectors including healthcare, enterprise, and government, primarily in North America and Europe. Uplogix, Inc. generates revenue through direct sales of its advanced remote management solutions, which may also include subscription-based services for ongoing support.


The revenue model combines hardware sales with managed services, supporting long-term client partnerships. Following its acquisition by Lantronix, Inc. , Uplogix, Inc. aims to expand its out-of-band remote management solutions.


The recent funding will facilitate the development of new products and enhance sales efforts. The company targets increased market presence in North America and Europe, with new product offerings expected to launch in the upcoming year.


Current Investors

Lantronix, Inc., Fayez Sarofim and Company, Adams Capital Management

Primary Industry

IT Infrastructure

Sub Industries

Offshore IT Services/IT Outsourcing, IT Infrastructure, Systems Management Software

Website

www.uplogix.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Uplogix, Inc. - 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 SaleCompletedUplogix, Inc.-

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