Business & Tech

Reston Startup Named One of the Most Exciting in the USA

Reston tech company ScienceLogic is posting huge growth numbers, earning it a spot on Business Insider's list.

RESTON, VA — A Reston startup has been named one of the most exciting in the country by Business Insider, which compiled a list of the hottest startups outside of the New York and San Francisco areas.

ScienceLogic, which is located in an office building at 10700 Parkridge Boulevard and was founded by Dave Link, was one of 18 companies on the list, which notes that it is currently pulling in more than $100 million in revenue.

"ScienceLogic helps companies locate and monitor all of their IT assets in the company's own data center or in the cloud," the report states. "The rise of cloud computing has been very, very good for this company: ScienceLogic's revenue under contract — its bookings — increased from about $30 million in 2014 to $100 million in 2015, CEO Dave Link told Business Insider earlier this year. He expects big growth for 2016, too, although he wouldn't share the target number."

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The company has received $84 million in funding from Goldman Sachs, Intel Capital and New Enterprise Associates.

ScienceLogic wasn't the only Northern Viginia company to make the list. Fairfax's Invincea, which makes an antivirus product, was also included.

Find out what's happening in Restonfor free with the latest updates from Patch.

Image via ScienceLogic

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