LogPoint raises $30m in series-B round

The company has so far raised $42m and will use the funding to grow in key markets, being already present in the US and Europe.

German growth investor Digital+ will support the company to scale up globally, with an aim of acquiring 1,000 customers. 

Previous funding
In 2012, LogPoint raised an undisclosed amount from Danish VC Dico. In 2017, the company raised $10m in a series-A round led by Evolution Equity Partners.

Company
Founded in 2001 and based in Copenhagen, LogPoint is a B2B provider of analytics and automation tools. The company specialises in security information and event management, and user and entity behavior analytics. It has 200 employees.

People
LogPoint – Jesper Zerlang (CEO).
Digital+ Partners – Thomas Jetter (co-founder, managing director).
Evolution Equity Partners – Richard Seewald (founder, managing partner).

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• Nordic venture