NitroSecurity Acquires LogMatrix Security Business; Raises $6M Series B

October 15, 2010

NitroSecurity secured $6 million in Series B financing and acquired the security business of LogMatrix to expand its customer and technology portfolio. The company will integrate LogMatrix's risk-based assessment and correlation technologies into its NitroView SIEM product family and use the funding to grow its presence in federal, healthcare and critical infrastructure markets.

Buyers
NitroSecurity
Targets
LogMatrix (security business)
Sellers
LogMatrix
Industry
Cybersecurity
Location
Massachusetts, United States
Transaction Type
Divestiture

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