LogMeIn rebrands as GoTo, still plans to spin off LastPass

LogMeIn, the company that owns remote collaboration software like GoTo Meeting and password management company LastPass is changing its name to GoTo. The rebranding comes after the company reported over $1 billion in revenue and that GoTo" product usage is growing - including a 36 percent year-over-year sales increase of its GoTo Connect VoIP, video conferencing, and collaboration platform.
With remote working spiking during the pandemic, the GoTo suite of Software as a Service (SaaS) products is a popular choice. In a statement emailed to The Verge, the company claims GoTo Meeting has 300 million participants, along with 50 million for GoTo Webinar and 5 million for GoTo Training.
Image: GoTo New company, new...