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ScienceLogic collects $43 million from Goldman Sachs, other big investors

February 20, 2015 | Telepresence Options

David_Link

David Link, the founder and CEO of ScienceLogic, in a file photo from 2009. (Kevin Clark/The Washington Post).

Story and images by Steven Overly / The Washington Post

Reston-based ScienceLogic has raised $43 million from Goldman Sachs and other big investors, executives announced Thursday, marking the information technology company's fourth and largest infusion of venture capital to date.

Goldman Sachs acted as the deal's lead investor with additional contributions from New Enterprise Associates and Intel Capital. Both NEA and Intel have previously invested in ScienceLogic, which has received venture capital four times since 2010.

The latest money will allow the company to hire some 80 employees before the year's end, at least half of whom will fill positions in the Washington region, said founder and chief executive David Link. Most of the jobs will be in sales and marketing, he said.

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