VLogic Systems Receives Growth Investment from Northrim Horizon

VLogic Systems

VLogic Systems, a Concord, MA-based cloud-based, integrated workplace management and connected portfolio intelligence platform SaaS provider, received a growth investment from Northam Horizon.

The amount of the deal was not disclosed.

The company intends to use the funds to expand operations and its development efforts.

Led by CEO George T. Koshy, VLogic is the developer of VLogicFM®, a FedRAMP® authorized, cloud-based SaaS solution for both federal and commercial enterprises. This integrated workplace solution includes modules that provide IoT sensor-based occupancy tracking, hybrid workplace reservation functionality, space management capabilities, asset management, preventative maintenance, and on-demand work order and service request modules. All this enterprise-class software functionality is accessible over a web browser-based application and on native Android/iOS apps.

VLogic’s management team will continue supporting the company going forward with room for new hires to support additional growth initiatives. George Koshy will continue to serve as CEO with Duane Harris being promoted to President.

FinSMEs

13/06/2024