Private equity firms have certainly been flexing their muscles this year, whether Thomas Bravo snagging Qlik for $3 billion or Vista Equity Partners grabbing Marketo for $1.9 billionand Ping Identity for another $600 million. Apparently Providence Strategic Growth, the growth investment arm of Providence Equity didn’t want to be left out and today they announced a $130 million investment in LogicMonitor, a cloud infrastructure monitoring service.
Read More: TechCrunch
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