LogRhythm

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LogRhythm Inc.
Type	Privately held company
Industry	Technology (software)
Founded	2003
Headquarters	Boulder, Colorado, USA
Key people	Andy Grolnick, President and CEO Chris Petersen, CTO and Co-Founder Phillip Villella, Chief Scientist and Co-Founder Mark Vellequette, CFO Mike Reagan, CMO Ross Brewer, VP and Managing Director of International Markets Preston Lawhorne, VP of Sales David Anthony, VP of Customer Care Matthew Winter, VP of Corporate and Business Development Chris Bradziunias, VP of Software Engineering
Products	Security Information and Event Management (SIEM), Cyber Threat Defense
Website	www.LogRhythm.com

LogRhythm, Inc. is a privately held provider of log management and Security information and event management (SIEM) solutions for organizations around the world. Headquartered in Boulder, Colorado, LogRhythm maintains operations throughout the world. Its European operations are based in the United Kingdom, and the company has additional offices in France, Germany, Canada, Australia, and Hong Kong.^[1] As of 2013, LogRhythm serves more than 1,400 customers, including Fortune 500 corporations, large and midsize enterprises, “such as retail, financial, utility, healthcare, and higher education sectors, as well as military and civilian” entities on different 6 continents.^[2] LogRhythm’s services enable companies of all sizes to detect and respond to evolving cyber-security threats. LogRhythm helps its customers comply with regulatory requirements and allows organizations to gain operational intelligence ^[3] and insight into their IT infrastructure.^[4]

History

LogRhythm was founded in 2003 as a privately held C corporation by Chris Petersen and Dr. Phillip Villella to “address the unmet and growing need for a comprehensive log and event management solution.” ^[5] Originally based in Washington, DC under the name Security Conscious, Inc., the company changed its name to LogRhythm and relocated to Boulder, Colorado, in 2005. It was here current President and CEO Andy Grolnick joined the company.^[6] LogRhythm received $3.25 M in Series A funding from Investors in the company include Access Venture Partners, Adams Street Partners, Croghan Investments, High Country Venture, and Access Venture Partners in 2008. The company secured additional capital of $3.1M and $10M via Series B and Series C funding in 2009 and 2010, respectively, from Access Venture Partners, Adams Street Partners, High Country Venture, Croghan Investments and Grotech Venturerues and.^[7] Most recently, in June, 2012 LogRhythm secured $15 million from Siemens’ Venture Capital group in order to “further accelerate growth, product innovation and international expansion.” ^[8]

Products

LogRhythm delivers an “integrated solution… (to) log and event management and includes Advanced Intelligence (AI) Engine™, SmartRemediation™, file integrity monitoring, host activity monitoring, geolocation and visualization, reporting, turnkey appliances, high availability solutions, software and virtual deployments, advanced agent, and WebRhythm remote access. Its solutions enable organizations to secure their networks and optimize information technology operations. The company also provides intelligent forensic search, file integrity monitoring, network and user monitoring, and reporting services. In addition, it automates the collection, organization, analysis, archival, and recovery of log data that enables enterprises to comply with log data retention regulations. The company offers professional services, such as installation of the appliance or software, configuration of the system, establishment of log collection from supported devices, agent installation and configuration when applicable, and activation of built-in alerts and notifications, as well as set-up of monitoring, search, and reporting capabilities; and health check, tune-up, upgrade, alert optimization, search and report optimization, and device support services. The company offers its products for applications, such as compliance, SIEM, IT optimization, business intelligence, insider threat/fraud detection, forensics/investigation, eDiscovery, and database monitoring.”^[9]

Core tenants of the LogRhythm’s business include.

Compliance

LogRhythm's platform is used to ensure compliance with mandates such as Payment Card Industry Data Security Standard (PCI DSS),^[10] North American Electric Reliability Corporation Critical Infrastructure Protection (NERC CIP),^[11] Gramm–Leach–Bliley Act (GLBA), Federal Information Security Management Act of 2002 (FISMA), Health Insurance Portability and Accountability Act (HIPAA),Sarbanes–Oxley Act (SOX)^[12] and GPG 13. The automated collection, management, and analysis of machine data are integral to meeting many compliance requirements.

Security

By collecting a complete set of data from across the entire IT environment of an enterprise and processing and analyzing relevant information from multiple dimensions, LogRhythm delivers real-time threat management. The Advanced Intelligence (AI) Engine performs advanced correlation and behavioral analytics on machine data throughout an enterprise’s IT environment to identify and alert on devices, hosts, applications and users which have been targeted and/or successfully impacted so that administrators can take immediate action. By utilizing contextual information such as vulnerability data along with other disparate machine data, LogRhythm’s product is used to help correlate and alert on security events and incidents that have not yet happened but have the potential to occur.^[13]

Operations

LogRhythm’s advanced correlation and pattern recognition are applied to operational issues using the same type of logic that can detect security incidents.^[14] By collecting and analyzing log data, LogRhythm’s Advanced Intelligence (AI) Engine allow companies to identify and respond to complex events in real-time which provides insight into operational issues that can impact system-wide IT performance, company productivity and revenue.^[15]

Awards and Recognition

LogRhythm solutions are noted by industry analysts and independent reviewers for completeness, useful analytics, ease-of-use and rapid-time-to-value.^[16]

Recognition from third party industry analysts and labs for LogRhythm Products include:

Gartner- A Leader in SIEM Magic Quadrant

2013- ^[17]
2012- ^[18]

5- Star Rating in SC Magazine’s SIEM Group Test

2013- ^[19]
2012- ^[20]
2011- ^[21]
2010- ^[22]
2009- ^[23]

5- Star Rating in SC Magazine’s Digital Forensics

2009- ^[24]

SC Magazine Best Buy

2012- ^[25]
2009- ^[26]

SC Magazine Innovators Hall of Fame

2010- ^[27]
2009- ^[28]

Computing Security Awards

Security Project of the Year: 2012- ^[29]
Bench Tested Solution of the Year: 2011- ^[30]
Received FIPS 140-2 Validation- ^[31]
Receives U.S. Army Certificate of Networthiness (CoN)^[32]
Earned Common Criteria Certification ^[33]
Named “Champion” Info-Tech Research Group's Security Information & Event Management Vendor Landscape Report ^[34]
Awarded CESG Claims Tested Mark: 2012 - ^[35]

External links

References

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