“The $135MM from Pamplona is a combination of primary and secondary capital, providing liquidity to its previous investor, Seaport Capital, and partial liquidity to its founder who has been out of the day-to-day business since 2011,” the company told me about today’s round. Until today, Logicworks only raised about $4.6 million in total outside equity and over the years, it has used $12.5 million in debt financing to fuel its growth.
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The company sees the likes of Datapipe and Rackspace as its prime competitors, though it argues that it has stronger automation capabilities and doesn’t have to worry about defending its own install base on traditional infrastructure.
Logicworks’ customers span many verticals, but the company is especially strong in the healthcare, financial service and commerce business. “Our new partnership with Pamplona allows Logicworks to make critical investments in innovation and scale, with the aim of helping customers across all phases of the cloud adoption lifecycle move faster and execute more effectively,” said Logicworks’ President and CEO Kenneth Ziegler in today’s announcement. The company offers its clients managed services for building their infrastructure on AWS (as well as VMWare), help with achieving security and regulatory compliance, as well as services for running modern DevOps and container architectures. Since then, it has expanded its portfolio to offer cloud automation and managed services for enterprises. The company launched as a web hosting service back in 1993 but then moved into managed hosting in the late 90s.
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Download this tool from the developers site for free using the link provided below.
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The company says it’ll use the new influx of capital to fuel its national and international expansion, product development and - potentially - acquisitions. LogicWorks download PC version scanned for viruses and malware. Logicworks’ own management team and its existing shareholders also participated in this round.
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In order to improve the learning process, the software comes with a full schematic editor. Please note that they are described in the form of schematic designs with blocks or in text using VHDL. Thanks to this innovative feature, you have the ability to mix devices and circuits. The application is capable of using a subset of the VHDL language to describe and simulate circuits. This means you can optimize the learning process and study advanced concepts in a shorter time. It comes with advanced flexibility, enabling you to create and test a considerable number of circuit elements from your computer.
LogicWorks is a digital simulation program for Windows that allows you to design circuit boards and simulate their operation.
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