How Logicbay hit $10M revenue and 60 customers in 2018.
Let LogicBay help you achieve success by building, scaling, and optimizing your indirect sales channel with their Channel Profit Center methodology.
2003
Founded
$10M
2018 Revenue
-----
YOY
$17.5M
Funding
Logicbay Revenue
In 2018, Logicbay revenue run rate hit $10M in revenue.
-
2018
Logicbay hit $10M in revenue in 2018
-
2003
Logicbay launched in 2003 with $0 revenue
Logicbay Funding History
-
2011 Venture Round
Logicbay raised a Venture Round of in May, 2011
-
2000 Venture Round
Logicbay raised a Venture Round of in August, 2000
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| May, 10 2011 | Venture Round | ||
| August, 16 2000 | Venture Round |
Team
Logicbay has 23 total employees and 6 sales reps that carry a quota. They have 60 customers an engineering team of 4 and a marketing team of 1.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 23 |
| Engineer | 4 (17%) |
| Sales | 6 (26%) |
| Marketing | 1 (4%) |
Founder / CEO
John Panaccione
John has over 18 years of experience leading teams that focus on using technology to improve corporate performance. As CEO of LogicBay, John works with leading companies to develop and implement strategies for scaling indirect sales channels using a combination of services and technology that LogicBay offers. Prior to founding LogicBay in 2003, he led sales and marketing for Cognitive Arts, an innovative leader in high end workplace simulation software. LinkedIn
Q&A
-
What's your age?
53
-
Favorite online tool?
11:20 PulseApp
-
Favorite book?
Start with no
-
Favorite CEO?
Jeff Bezos
-
Advice for 20 year old self
Negotiation skills earlier!
Customers
Churn
Logicbay Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| John Panaccione | CEO | - | - |
Logicbay Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| John Panaccione | CEO | - | - |
Frequently Asked Questions about Logicbay
-
When was Logicbay founded?
Logicbay was founded in 2003.
-
How much revenue does Logicbay generate?
Logicbay generates $10M in revenue.
-
Who is the CEO of Logicbay
The CEO of Logicbay is John Panaccione.
-
How much funding does Logicbay have?
Logicbay raised $17.5M.
-
How many employees does Logicbay have?
Logicbay has 23 employees.
-
Where is Logicbay headquarters?
Logicbay is headquartered at 2002-Eastwood Road, Wilmington, North Carolina, 28403, United States
People Also Viewed
QualityUnit
QualityUnit is a privately owned software development and technology company. QualityUnit specializes in software development of web based products and information systems designed for small to large sized companies. Today, more than 27,000 customers worldwide are operating with QualityUnit's products, spanning a wide variety of projects, from small personal websites, to large, full-scale corporate intranets.
Getaccept
GetAccept is a B2B SAAS company that provides a sales enablement platform for businesses. Their platform helps companies streamline and automate their sales processes, improve collaboration and communication with clients, and close deals faster. GetAccept offers features such as e-signature, document tracking, and personalized sales content.
Leandatainc
Leandata Inc. is a B2B SaaS company that provides lead management solutions to help businesses streamline and optimize their sales processes. Their platform enables companies to route, track, and prioritize leads more effectively, resulting in improved sales performance and revenue growth.
Branchspace
Digital commerce technology platform & services
Franka Emika
Developer of a collaborative robot designed to physically interact with humans in a shared workspace. The company's lightweight robot system consists of an arm, control, pilot and a hand with fingers that can automatically be exchanged to optimally grasp a wide variety of objects and contains quick-buttons to customize and connect the system with cloud-based applications and execute their features, enabling users to simplify and automate a variety of dangerous and effort-consuming tasks using robots that can be run on any Web browser and can be operated via any touchscreen device or keyboard.
Apptension
Apptension is a Poland-based creative software house focused on creating innovative experiences and solving complex problems. We specialise in crafting responsive web applications and user-friendly ecommerces as well as technically supporting game-changing startups. We become your trusted technical partner, from planning and designing to testing and monitoring. That's why 95% of our clients came back for more. We are a group of people who live and breathe technology and feel comfortable on the bleeding edge. Also, we kick some serious ass at table tennis.