LogicMonitor CEO On Rapid Growth Initiatives, Channel Expansion And Why An IPO Is 'Still On The Table' After Private Equity Firm Purchase
The New LogicMonitor
Red-hot Software-as-a-Service provider LogicMonitor has massive channel expansion and technology innovation plans in store after private equity firm Vista Equity Partners acquired a majority stake in the performance monitoring company.
"LogicMonitor and Vista are partnering because we have a fantastic opportunity for really significant growth over the next several years with the total addressable market we're going after," said Kevin McGibben, president and CEO of LogicMonitor, in an interview with CRN. "This is an investment in growth opportunity, it's not an optimization play."
McGibben, whose company was named to CRN's recent 2018 Software-Defined Data Center 50 list, talks to CRN about LogicMonitor's global and channel expansion plans as well as a potential initial public offering in the future.