This startup raised a mammoth $130 million investment by bucking the conventional Silicon Valley wisdom

LogicMonitor In the Press

LogicMonitor, a Santa Barbara-based startup, is taking a whopping $130 million investment from Providence Strategic Growth, an affiliate of Providence Equity Partners.

That’s a lot of money in a single investment deal, especially as Silicon Valley startups buckle down for a cold winter in the markets.

But LogicMonitor CEO Kevin McGibben tells Business Insider that it’s because the company wasn’t built in a very Silicon Valley way that made this big investment possible.

Read More: Business Insider