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Observability provider LogicMonitor raises $800M at $2.4B valuation
- Observability provider LogicMonitor has raised $800M in funding.
- The funding round included participation from PSG, Golub Capital, and other backers.
- The deal closed at a valuation of $2.4B, nearly $2B more than what Vista Equity Partners paid in 2018.
- LogicMonitor plans to use the funding to enhance its observability platform and make acquisitions.
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