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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