eoLogic is a software company based in Livingston which develops tools to test enterprise software systems. The company this month completed a funding round totalling £402k.
eoLogic was founded in December 2003 by Gordon Cruickshank and Alan West to build innovative software development tools. West was previously the founder of Objective Software Technology, sold to Wind River Systems in 1998, and Cruickshank was a development manager at OST and Wind River. They decided to set up eoLogic because they realised that there was a need for better software testing and debugging tools.
eoLogic provides tools that reduce the cost of finding problems in enterprise software systems. The company’s first product, eoSense, allows difficult problems to be detected much earlier than currently possible, by combining extensive automated knowledge of the J2EE framework with advanced dynamic visualisation, thereby creating a new level of functional checking and performance validation.
J2EE (Java 2 Platform, Enterprise Edition) is a platform from Sun for building distributed enterprise applications. J2EE services are performed in the middle tier between the user’s computer and the enterprise’s databases and legacy information systems. J2EE comprises a specification, reference implementation and set of testing suites. (Definition from PCMag.com). eoSense simplifies developments in J2EE with its patent applied for techniques which allow it to incorporate far more knowledge about the standard J2EE components than existing conventional tools.
eoLogic was set up with seed funding from the founders to match a SMART award of £50k (see YCF 66). Alan West subsequently received a Scottish Enterprise Industrial fellowship of £45k to help the company secure funding, and the founders continued to support themselves as required. The company had support for patenting costs from SE and the Alba Innovation Centre.
The recently completed funding round comprises £300k equity from Archangel Informal Investment, and a £102k SPUR award.
eoLogic has been assisted by SE’s High Growth Startup Unit and by the Alba Innovation Centre, and used DC Consulting (Dand Carnegie) to assist in finding funding.
The new money will be used to create a development team to continue the development of the company’s technology and to provide the sales and support framework required for promoting the company and its products.
Contact: Gordon Cruickshank 01506 654236
www.eologic.com