OverviewSuggest Edit

LogMeIn is a provider of cloud-based remote connectivity, collaboration, and support solutions for individuals and businesses. Its products are focused on three business areas, including communications and collaboration services, identity and access management services, and customer engagement and support services. The company offers remote access and administration software, remote support web applications, network virtualization and VPN services, remote backup software, virtual meeting and online collaboration software, etc.

TypePublic
Founded2003
HQBoston, MA, US
Websitelogmeininc.com
Employee Ratings3.6
Overall CultureA

Latest Updates

Employees (est.) (Dec 2019)3,974
Job Openings279
Revenue (FY, 2019)$1.3 B(+5%)
Share Price (Sept 2020)$86
Cybersecurity ratingBMore

Key People/Management at LogMeIn

William Wagner

William Wagner

President and Chief Executive Officer
Robert M. Calderoni

Robert M. Calderoni

Chairman of the Board
Rich Veldran

Rich Veldran

Chief Financial Officer
Sara C. Andrews

Sara C. Andrews

Director
Paddy Srinivasan

Paddy Srinivasan

Chief Product & Technology Officer
Steven J. Benson

Steven J. Benson

Director
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LogMeIn Office Locations

LogMeIn has offices in Boston, Fairfax, Jersey City, Raleigh and in 15 other locations
Boston, MA, US (HQ)
320 Summer St
Fairfax, VA, US
Fairfax, VA, USA
Jersey City, NJ, US
Jersey City, NJ, USA
Raleigh, NC, US
Raleigh, NC, USA
San Francisco, CA, US
27 Maiden Ln #700, San Francisco
Santa Barbara, CA, US
Santa Barbara, CA, USA
Show all (19)

LogMeIn Financials and Metrics

LogMeIn Revenue

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LogMeIn's revenue was reported to be $1.26 b in FY, 2019
USD

Revenue (Q2, 2020)

350.7m

Gross profit (Q2, 2020)

257.2m

Gross profit margin (Q2, 2020), %

73.3%

Net income (Q2, 2020)

19.0m

EBIT (Q2, 2020)

31.9m

Market capitalization (3-Sept-2020)

4.2b

Closing stock price (3-Sept-2020)

86.0

Cash (30-Jun-2020)

249.5m

EV

4.3b
LogMeIn's current market capitalization is $4.2 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

336.1m989.8m1.2b1.3b

Revenue growth, %

24%195%22%

Cost of goods sold

45.5m203.2m281.5m323.7m

Gross profit

290.6m786.6m922.5m936.7m
Quarterly
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

2.6m99.5m74.4m(14.6m)

Depreciation and Amortization

21.5m221.3m301.1m304.6m

Accounts Payable

6.1m(5.0m)11.1m17.5m

Cash From Operating Activities

92.3m316.2m404.0m360.8m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(1.1m)1.4m776.0k(18.6m)(3.7m)6.2m29.7m36.3m49.0m(9.0m)(15.6m)(10.5m)(11.3m)7.8m

Depreciation and Amortization

5.4m10.7m16.1m40.3m98.6m158.8m71.3m146.4m223.2m75.9m152.3m228.4m69.2m138.9m

Accounts Payable

1.7m2.5m4.7m3.9m11.2m10.2m9.6m11.5m13.6m9.3m15.5m21.5m(8.6m)(9.3m)

Cash From Operating Activities

38.0m64.0m84.1m105.9m192.8m283.3m154.0m257.2m330.9m119.7m203.4m286.4m88.0m168.7m
USDQ1, 2016

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.3 x
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LogMeIn Operating Metrics

FY, 2015FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017FY, 2018

Patents Issued

13155173170

Patents Pending

1115010730

Monthly Users (GoToMeeting & join.me)

20 m20 m20 m

Yearly Conference Calling Minutes

12 b12 b12 b
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LogMeIn Acquisitions / Subsidiaries

Company NameDateDeal Size
Jive CommunicationsFebruary 08, 2018$357 m
Bold360August 01, 2017$45 m
LastPassOctober 08, 2015$110 m
ZamuraiJune 04, 2015$6 m
MeldiumSeptember 04, 2014$15 m
Ionia CorporationMay 06, 2014
Bold SoftwareJanuary 09, 2012
XivelyJuly 20, 2011
GetGo Communications LLC
GetGo Communications Virginia LLC
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LogMeIn Revenue Breakdown

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LogMeIn revenue breakdown by business segment: 55.8% from Unified Communications and Collaboration, 29.4% from Identity and Access Management and 14.8% from Customer Engagement and Support

LogMeIn revenue breakdown by geographic segment: 77.5% from United States, 17.9% from International and 4.6% from Other

LogMeIn Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

LogMeIn Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

LogMeIn Online and Social Media Presence

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LogMeIn Company Culture

  • Overall Culture

    A

    84/100

  • CEO Rating

    A+

    89/100

  • Compensation

    A+

    88/100

  • Diversity

    A-

    82/100

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LogMeIn News and Updates

Pax8 and LogMeIn Join Forces to Offer Partners LastPass Single Sign-On and Password Management Capabilities

DENVER, Colo., March 30, 2021 (GLOBE NEWSWIRE) -- Pax8, the best place for IT professionals to buy cloud products, today announced a new global partnership with LogMeIn, providing its industry-leading password management and single sign-on solution, LastPass, to managed service providers (MSPs) gi…

LogMeIn Names Michael Oberlaender as Chief Information Security Officer

BOSTON, March 23, 2021 (GLOBE NEWSWIRE) -- LogMeIn, Inc., a leading provider of cloud-based solutions that enable the work-from-anywhere era, has announced that security and privacy veteran, Michael Oberlaender, has joined the company as its new Chief Information Security Officer (CISO). Michael w…

LogMeIn Study Shows Cyber Threats, Productivity Concerns, and Pressure on IT Support Drives Consolidation of Remote Access & Support Solutions as Flexible Work Becomes Business as Usual

BOSTON, Feb. 25, 2021 (GLOBE NEWSWIRE) -- LogMeIn, Inc. a leader in empowering the work-from-anywhere era with solutions such as GoTo, LastPass, and Rescue, today announced results of a global study executed by IDG that reveals the new reality of long-term remote and flexible work. The research sh…

LogMeIn Furthers Commitment to Data Privacy with TRUSTe Enterprise Privacy Certification

BOSTON, Feb. 10, 2021 (GLOBE NEWSWIRE) -- LogMeIn, Inc., a leader in empowering the work-from-anywhere era with solutions such as GoTo, LastPass and Rescue, has attained the TRUSTe Enterprise Privacy & Data Governance Practices Certification from TrustArc, a leader in data privacy management a…

LogMeIn Names Jamie Domenici as new Chief Marketing Officer

BOSTON, Jan. 05, 2021 (GLOBE NEWSWIRE) -- LogMeIn, Inc. a leader in empowering the work-from-anywhere era, has announced that cloud marketing veteran, Jamie Domenici, will join the company as its new Chief Marketing Officer. Jamie comes to LogMeIn from Salesforce, the world’s number one CRM compan…

LogMeIn Announces New Sustainability Goals and Programs to Support Work-From-Anywhere Era

Company focuses on creating sustainable workplaces and home offices for its global employee base Company focuses on creating sustainable workplaces and home offices for its global employee base
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LogMeIn Blogs

Can Employees Be Trusted Working Outside the Office? We (and the experts) Say Yes!

Remote work, rapidly accelerated by the pandemic, is now essential to business success and worker productivity. However, as parts of the world open up and hybrid work becomes a reality, research shows that companies must invest in establishing flexible work policies and programs, and  address a size…

Planning for your work from anywhere future

It’s obvious that Covid-19 altered the way in which people work, but as some parts of the world begin to ease lockdown restrictions and deploy vaccines, customers will again find themselves needing to navigate the next sea change. At LogMeIn, we are committed to staying at the forefront of that chan…

Collaborate How You Want with the New GoToConnect

We are incredibly excited to share some news about our Unified-Communications-As-A-Service (UCaaS) product, GoToConnect. The full blog can be found over on the GoTo blog, but we’ll share the highlights here including: A refreshed mobile experience for true work-from-anywhere capabilities. Even when …

The IMCCA Awards LogMeIn with an Industry Impact Award for Collaboration Platforms

We’re excited and honored to share that LogMeIn has been awarded with an Industry Impact Award for Collaboration Platforms from the IMCCA. The IMCCA Industry Impact Awards recognize UCC organizations for their contributions and outstanding support during the pandemic, and were chosen by five indepen…

LogMeIn Welcomes New Head of Diversity, Inclusion & Belonging

LogMeIn is thrilled to welcome the newest member of our team, Annie Brown, who is joining the company today as our first-ever Global Head of Diversity, Inclusion, & Belonging. Annie brings over three decades of experience in employment law, recruitment, human resources leadership and creating di…

Telarus Achieves Titanium Partner Status through the LogMeIn Partner Network

LogMeIn is pleased to announce that our fastest-growing channel master agent, Telarus, has attained Titanium Partner status — our highest tier available through the LogMeIn Partner Network. Telarus has been a master agent for LogMeIn since 2017, covering sales of LogMeIn’s product portfolio, includi…
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LogMeIn Frequently Asked Questions

  • When was LogMeIn founded?

    LogMeIn was founded in 2003.

  • Who are LogMeIn key executives?

    LogMeIn's key executives are William Wagner, Robert M. Calderoni and Rich Veldran.

  • How many employees does LogMeIn have?

    LogMeIn has 3,974 employees.

  • What is LogMeIn revenue?

    Latest LogMeIn annual revenue is $1.3 b.

  • What is LogMeIn revenue per employee?

    Latest LogMeIn revenue per employee is $317.2 k.

  • Who are LogMeIn competitors?

    Competitors of LogMeIn include 1Password, TeamViewer and Continuum Managed Services.

  • Where is LogMeIn headquarters?

    LogMeIn headquarters is located at 320 Summer St, Boston.

  • Where are LogMeIn offices?

    LogMeIn has offices in Boston, Fairfax, Jersey City, Raleigh and in 15 other locations.

  • How many offices does LogMeIn have?

    LogMeIn has 19 offices.