Structure Logo First Version

My first attempt at making a material design logo.
Structure is a soon to be released flex-box based grid system. It will be just a grid system (Not a style guide nor a framework). Mainly targeting towards working well with other libraries such as angular-material. What do you think? Does this logo convey the message? (with the grid-like structure in the logo). Or should I take a different approach?

Thank you for stopping by. Please do hit the 'like icon' if you like the design. suggestions welcome.