Boulder, CO.based LogRhythm Inc. , a provider of solutions in the highly competitive log management/log analysis space, has added over $3.1 million to their warchest in their second round. As part of the deal, Joe Zell of Grotech Ventures joined the board alongside members from past investors Access Venture Partners and High Country Ventures “Colorado Fund”. Both investors participated in LogRhythm’s previous $3.25 million A round in Q4 of 2007.
This latest infusion shows that while many markets have cooled off, security investing remains active, a good sign for the profession and the state of the market.
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