leaning towards just the name "itgloo" as the key element in the logo with no icon (but open to the icon if it makes me say WOW! I want the font to be unique and custom so no one else has it. Here's an idea detach the curved leg from g and make the g a circle and half a circle below it almost like a smile.
If you use fonts that require a license, confirm with the client they're ok with it. For licensing reasons, it is better to provide your client with information on how to acquire the font rather than providing the actual files.