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.

TypePrivate
Founded2003
HQBoston, MA, US
Websitelogmein.com
Employee Ratings3.6
Overall CultureA

Latest Updates

Employees (est.) (Dec 2019)3,974
Job Openings262
Revenue (FY, 2019)$1.3 B(+5%)
Share Price (Sept 2020)$86
Cybersecurity ratingCMore

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

Summary Metrics

Founding Date

2003

LogMeIn total Funding

$30 m

LogMeIn latest funding size

$10 m

Time since last funding

14 years ago

LogMeIn investors

LogMeIn's latest funding round in December 2007 was reported to be $10 m. In total, LogMeIn has raised $30 m
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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

Cash (30-Jun-2020)

249.5m
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
GoToConnectFebruary 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

C

79/100

SecurityScorecard logo

LogMeIn Online and Social Media Presence

Embed Graph

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

LogMeIn Names Patrick McCue as Global Vice President of Channel Sales

BOSTON, Sept. 14, 2021 (GLOBE NEWSWIRE) -- LogMeIn, Inc., a leading provider of cloud-based SaaS solutions such as GoToConnect, GoToMeeting, LastPass and Rescue, today appointed Okta channel veteran, Patrick McCue, as its new Global Vice President of Channel Sales. Patrick will be responsible for …

Global Unified Communication as a Service (UCaaS) Market Report 2021-2026 Featuring Key Vendors - 88, Cisco, Google, LogMeIn, Microsoft, Mitel, RingCentral, Vonage

Dublin, Aug. 20, 2021 (GLOBE NEWSWIRE) -- The "Unified Communication as a Service (UCaaS) Market - Global Outlook & Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The unified communication as a service market is expected to reach USD 87.20 Billion by 2026, grow…

LogMeIn Announces Partner Award Winners at North America Partner Summit

BOSTON, Aug. 17, 2021 (GLOBE NEWSWIRE) -- LogMeIn, Inc. a leading provider of cloud-based solutions such as GoToConnect, GoToMeeting, LastPass and Rescue, today announced the winners recognized as top partners at the company’s North America Partner Summit. As businesses look to support long-term f…

LogMeIn Names Bill Robinson as Chief Revenue Officer

BOSTON, Aug. 10, 2021 (GLOBE NEWSWIRE) -- LogMeIn, Inc., a leading provider of cloud-based SaaS solutions such as GoToConnect, GoToMeeting, LastPass and Rescue, today appointed software sales veteran, Bill Robinson, to its newly created Chief Revenue Officer (CRO) role. At a time when many busines…

LogMeIn Announces New GoToConnect Admin Center

New Admin Center and System Health Dashboard will provide a streamlined IT experience, plus new capabilities New Admin Center and System Health Dashboard will provide a streamlined IT experience, plus new capabilities

LogMeIn Creates New Digital Workplace Team to Support Employee and Customer Shift to Hybrid Working

Former Chief of Staff, Chris Perrotti, to lead the new team Former Chief of Staff, Chris Perrotti, to lead the new team
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LogMeIn Blogs

‘Connect with Success’ Video: Automatic Installation of AV Software, Ad Hoc Support, Bulk Deployments and More

Our “Connect with Success” webinar series is designed to help our customers get the most out of LogMeIn Central by digging into best practices. This month, we answer questions and share tips about leveraging Central in the most effective way possible.   The post ‘Connect with Success’ Video: Automat…

Welcoming Mary-Kate Foley: LogMeIn’s New Vice President of Global User Experience Design

Over the past year the importance of our products has taken on a new meaning. People need great tools to maintain business continuity and support and secure their remote or hybrid work employees. COVID-19 crystalized our need to move fast and deliver a great customer experience defined by an engagin…

Getting to Know LogMeIn’s New Digital Workplace Team

Today, LogMeIn introduced our very first Digital Workplace Team. What is a Digital Workplace Team you ask? We hopped on a GoToMeeting with our new Digital Workplace leader, Vice President, Chris Perrotti, to learn all about the new teams’ focus on and commitment to creating an equitable and engaging…

‘Connect with Success’ Video: Meet the New Toolbox and Your Questions, Answered

Last week, we held our first “Connect with Success” webinar for our customers. This webinar is designed to help our customers get the most out of LogMeIn Central by digging into best practices and frequently asked questions. Here’s what we learned this month, along with the full webinar recording.

Secure Remote Work and the Legal Field

In the last year, almost no industry was without new challenges. The disruption caused by the pandemic has thrown traditional ways of doing business and engaging with clients out the window. For the legal industry, meetings that were once exclusively held in court rooms or law offices were suddenly …

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…
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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 EverCommerce, 1Password and TeamViewer.

  • 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.