I think the logo could work without the background image or use the background image instead of the other symbol inside the type. I would only have one symbol to represent the company, maybe you could merge the two some how. Then you could get rid of the drop shadow behind the logo.
If you want to keep the background symbol then I would remove the symbol inside the type and try and make the background symbol smaller in proportion to the text, because the big symbol looks too big right now in my opinion.
Hope this helps!
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