Private equity firm closes on majority investment of LogRhythm
BOULDER — Thoma Bravo, a leading private equity investment firm based in San Francisco, has completed its majority investment in the Boulder-based security information and event management (SIEM) firm, LogRhythm Inc..
Financial details of the transaction were not disclosed.
“Thoma Bravo’s expertise and long history of backing leading cybersecurity companies made them the clear partner to help us take LogRhythm to the next level,” said Andy Grolnick, chairman, president and CEO of LogRhythm, in a prepared statement. “We look forward to working closely with the Thoma Bravo team to continue our customer-centric…
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