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, US
Websitelogmeininc.com
Employee Ratings3.5
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2019)3,974
Job Openings199
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, US (HQ)
320 Summer St
Fairfax, US
Fairfax, VA, USA
Jersey City, US
Jersey City, NJ, USA
Raleigh, US
Raleigh, NC, USA
San Francisco, US
27 Maiden Ln #700, San Francisco
Santa Barbara, US
Santa Barbara, CA, USA
Show all (19)

LogMeIn Financials and Metrics

LogMeIn Revenue

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View revenue for all periods
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

13 155 173 170

Patents Pending

11 150 107 30

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

85/100

SecurityScorecard logo

LogMeIn Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

LogMeIn Online and Social Media Presence

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LogMeIn Company Culture

  • Overall Culture

    A+

    83/100

  • CEO Rating

    A+

    89/100

  • Compensation

    A+

    87/100

  • Diversity

    A

    81/100

Learn more on Comparably

LogMeIn News and Updates

LogMeIn Rescue Live Guide Brings Secure, Zero Download Co-browsing to Microsoft Dynamics 365

BOSTON, Oct. 06, 2020 (GLOBE NEWSWIRE) -- Today LogMeIn announced that Rescue Live Guide is now certified and available for Microsoft Dynamics 365 Omnichannel for Customer Service. This integration provides a zero-download solution for both chat and phone-based agents to assist customers with prov…

Francisco Partners and Evergreen Coast Capital Complete Acquisition of LogMeIn

BOSTON, Aug. 31, 2020 (GLOBE NEWSWIRE) -- LogMeIn, Inc., a leading provider of cloud services for the work-from-anywhere economy, today announced the completion of its sale to affiliates of Francisco Partners and Evergreen Coast Capital (“Evergreen”), the private equity affiliate of Elliott Manage…

Live Chat Software Market is Booming Worldwide | LivePerson, Zendesk, LogMeIn

What's Ahead in the Global Live Chat Software Market? Benchmark yourself with strategic steps and conclusions recently published by AMA Posted via Industry Today. Follow us on Twitter @IndustryToday

LogMeIn Unlocks New Opportunities for MSPs by Offering LastPass Single Sign On and Enterprise Password Management

BOSTON, July 22, 2020 (GLOBE NEWSWIRE) -- LogMeIn, Inc. (Nasdaq: LOGM) today announced that Managed Service Providers (MSPs) worldwide can now sell, manage, and support LastPass Enterprise, its industry-leading password management and single sign-on solution, for their customers. As part of the Lo…

LogMeIn Announces New GoToRoom Hardware Options for the Home or Office

Expanded partnerships with Dolby, Extron, Logitech and Poly bring professional grade audio and video capabilities to today’s anywhere workforce Expanded partnerships with Dolby, Extron, Logitech and Poly bring professional grade audio and video capabilities to today’s anywhere workforce 

The American Business Awards® Honors LogMeIn with Two 2020 Stevie Awards for Product Innovation and Executive Leadership

Bold360 Helpdesk selected as Best Technical Support Solution and Senior Vice President of Marketing Alison Durant Recognized as a Woman of the Year Bold360 Helpdesk selected as Best Technical Support Solution and Senior Vice President of Marketing Alison Durant Recognized as a Woman of the Year
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LogMeIn Blogs

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…

LogMeIn Joins the Time To Vote Movement

At LogMeIn, we believe that free elections are critical to good government and that everyone’s vote is equal. Voter registration and turnout are not partisan initiatives and are among the most important of civic duties. As the employer of nearly 4,000 employees worldwide, and nearly half of those in…

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 TeamViewer, Continuum Managed Services and ConnectWise.

  • 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.