Alert Logic Achieves Sales and Industry Recognition Milestones in First Half of 2008

Alert Logic, an award-winning provider of on-demand IT compliance and security solutions, announced that it has secured its 500th customer in the first half of 2008.  Other important milestones for Alert Logic this year include:

• Announcing channel alliances with two web hosting companies, Hostway and Logicworks, and an IT distributor, Ingram Micro.
• Winning a Red Herring 100 Award, a selection of the 100 most innovative private technology companies based in North America.
• Receiving a Statement on Auditing Standards No. 70 (SAS 70) Type II audit report. Alert Logic was also re-certified to perform assessments for organizations that must comply with the PCI DSS.
• Releasing an upgrade to Alert Logic Log Manager™, its flagship log management product.
• Tripling the size of its Houston, TX-based headquarters, moving into 21,000 square feet of office space.
• Raising $8.25 million in Series C financing, led by Updata Partners and included existing investors Hunt Ventures, OCA Ventures, DFJ Mercury and Access Venture Partners.

Adoption of Alert Logic's IT compliance and security solutions has been driven largely by industry and government regulations such as the Payment Card Industry Data Security Standard (PCI DSS) and the Sarbanes-Oxley Act (SOX). Many organizations struggling to comply with these and other mandates choose Alert Logic because its Software-as-a-Service (SaaS) platform delivers log management, intrusion protection and vulnerability management solutions that are the easiest to implement and use.