GoTo (US company)
 | |
| Formerly |
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|---|---|
| Company type | Private |
| Industry | Computer software |
| Founded | 2003 in Budapest, Hungary |
| Headquarters | , U.S. |
Key people |
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| Products | Cloud-based SaaS |
| Revenue | Template:US$ (2019) |
| Owners |
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Number of employees | 3,974 (December 31, 2019) |
| Website | goto.com |
GoTo Technologies USA, Inc., previously known as LogMeIn Inc., operates as a SaaS provider focused on integrated communication and IT management software solutions. Established in 2003 and based in Boston, Massachusetts, the company transitioned from the LogMeIn name to GoTo on February 2, 2022.
This rebranding consolidated two flagship offerings into a single application:
- GoTo Connect for enterprise communication services
- LogMeIn Resolve for IT support and management
On December 17, 2019, LogMeIn reached an agreement to be acquired for $4.3 billion by private equity groups Francisco Partners and Evergreen Coast Capital Corp., affiliated with Elliott Management. The transaction was finalized on August 31, 2020.
In 2022, GoTo broadened its product range through the acquisition of Miradore, a Mobile Device Management (MDM) firm, strengthening its device security and administration capabilities.
History
Originally founded as 3am Labs in Budapest in 2003, the company rebranded to LogMeIn in 2006. That same year, it expanded its remote access portfolio by acquiring the VPN service Hamachi.
The firm launched its initial public offering in 2009, with shares beginning to trade on NASDAQ on July 1. In 2011, LogMeIn entered the cloud-based Internet of Things (IoT) sector by purchasing Pachube (later renamed Xively), followed by the acquisition of Ionia Corp. in 2014 to improve connected device integrations.
Key acquisitions included Bold Software in 2012 to enhance web chat solutions and Meldium in 2014 for identity management; however, Meldium was discontinued in 2017. In 2015, LogMeIn strengthened its cybersecurity suite by acquiring LastPass for $110 million; LastPass later became an independent cloud security entity following a spin-off in May 2024.
A pivotal expansion occurred in July 2016 through a merger involving Citrix's GoTo product line via a Reverse Morris Trust structure, culminating with the February 2017 merger of GetGo, Citrix’s GoTo spin-off. This deal significantly increased LogMeIn’s presence in collaboration and communication markets.
Further strategic moves included selling Xively to Google for $50 million in February 2018 and acquiring Jive Communications for $342 million to enhance unified communications capabilities.
A major corporate transition took place on August 31, 2020, when Elliott Management Corporation and Francisco Partners completed their purchase of LogMeIn, resulting in its removal from NASDAQ trading.
On February 2, 2022, LogMeIn adopted the GoTo brand name—originally launched by ExpertCity in 1998 before Citrix acquired it in 2004—reflecting a renewed focus on delivering integrated support and communication solutions through a unified platform.
Products
The organization’s offerings are categorized into two main divisions: unified communications and collaboration, as well as IT management and support. Prominent products within these categories include:
- GoTo Business Communication Solutions
- GoTo Connect
- GoTo Contact Center
- GoTo Meeting
- GoTo Webinar
- GoTo Training
- Grasshopper
- LogMeIn IT Management and Support Solutions
- LogMeIn Resolve
- LogMeIn Rescue
- LogMeIn Miradore
- LogMeIn Pro
- LogMeIn Central
- GoToMyPC
- Hamachi