Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2015201620172018201920202021
Revenues272m336m990m1.2b1.3b1.4b1.4b
% growth23 %24 %195 %22 %5 %7 %5 %
EBITDA67.6m89.5m275m363m319m419m448m
% EBITDA margin25 %27 %28 %30 %25 %31 %31 %
Profit14.6m2.6m99.0m74.0m(14.0m)22.0m108m
% profit margin5 %1 %10 %6 %(1 %)2 %8 %
R&D budget45.1m61.6m172m193m196m--
R&D % of revenue17 %18 %17 %16 %16 %--

Source: Dealroom estimates

  • Edit
DateInvestorsAmountRound
-

N/A

-

$10.0m

Series A
*

$10.0m

Series B
*

$10.0m

Series C
N/A

$107m

Valuation: $342m

IPO
*

N/A

Growth Equity VC

$4.3b

Valuation: $4.3b

3.6x EV/LTM Revenues

11.8x EV/LTM EBITDA

Acquisition
*
N/A

$100m

Debt
Total FundingCAD40.9m

Recent News about Goto

Edit
More about Gotoinfo icon
Edit

LogMeIn, now operating under the brand GoTo, specializes in providing secure and reliable remote access and support software tools. The company offers a suite of products designed to facilitate remote work, learning, and customer engagement. Key offerings include GoTo Connect for communication, LastPass for security, and GoToAssist for remote support. LogMeIn serves a diverse range of clients, from small businesses to large enterprises, across various industries. The company operates in the remote work and IT support market, leveraging a subscription-based business model to generate revenue. This model ensures a steady stream of income through recurring payments for access to its software solutions. By focusing on ease of deployment, scalability, and user-friendliness, LogMeIn helps businesses transition smoothly to remote work environments while maintaining high levels of productivity and security.

Keywords: remote access, remote support, secure software, GoTo, LastPass, GoToAssist, remote work, IT support, subscription model, business productivity.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.

Investments by Goto

Edit
Nanorep
ACQUISITION by Goto Aug 2017
GoToMeeting
ACQUISITION by Goto Jul 2016
LastPass
ACQUISITION by Goto Oct 2015
BoldChat
ACQUISITION by Goto Jan 2012
Meldium
ACQUISITION by Goto Sep 2014
Xively
ACQUISITION by Google Feb 2018
Zamurai
ACQUISITION by Goto Jun 2015
Citrix
ACQUISITION by Goto Jul 2016
Jive Communications
ACQUISITION by Goto Feb 2018
Ionia Corporation
ACQUISITION by Goto May 2014