We really like this, espectially for the software/web application, but the object below the O looks like a marker. It is clearl that you'r trying to make it look like a Magnifying class, but it was hard to understand.
We'd like to see how this looks with pulling the tagline into the blue block.
This logo would be good for software/web application. I am still concerned about the handle of the magnifying glass. I would like to see it more refined to make it obvious to the user/viewer thatn it is a magnifying glass versus a marker.