Private Equity, Venture Capital Warning Signs for 2019
The New Year starts with fresh warnings about the private equity and venture capital markets, particularly as they pertain to technology and managed service provider (MSP) investments in 2019.
ConnectWise Invests in Perch Security: Inside the Deal
ConnectWise CEO Arnie Bellini, aligned with Perch Security, aims to give technology solutions providers security as a service to protect SMB customers. Can ConnectWise outmaneuver rival SOC moves by SolarWinds MSP & Continuum?
Investor Suggests CynergisTek Breakup: Managed Print, Cybersecurity Divorce?
An activist investor suggests CynergisTek shred its Managed Print Services (MPS) business to emphasize IT security portion of its company.
Multi-Cloud Management Startup Spotinst Raises $35 Million
Spotinst, which allows businesses to purchase and manage cloud infrastructure space through its Elastigroup platform, raises $35 million in Series B funding.
AllCloud Acquires Salesforce Consulting Firm Figur8 Cloud Solutions
AllCloud acquires Salesforce professional services partner Figur8 Cloud Solutions and raised $7 million in new funding. Cloud Sherpas co-founder Eran Gil joins combined company as CEO.
Simplus Acquires Salesforce, Oracle Partner CirrusOne
Simplus acquires CirrusOne, a Salesforce and Oracle partner that offers consulting services for CPQ (configure, price, quote) and quote-to-cash solutions. M&A deals involving Salesforce partners remain strong.
Auvik Raises $15.5 Million for Network-Centric RMM, MSP Software
Auvik Networks raises roughly US$15.58 million in Series C financing. Network-centric RMM (remote monitoring and management) platform for MSPs continues expansion, CEO Marc Morin explains.
Data Center Company Aligned Energy Receives “Significant” Cash Influx
Cloud and colocation data center provider Aligned Energy attracts strategic investment from Macquarie Infrastructure Partners (MIP). Among the goals: Attract more MSPs into the data centers.
Hybrid Cloud Monitoring Startup Sensu Raises $10 Million
Hybrid cloud monitoring platform provider Sensu raises $10 million and prepares second-annual user conference. Technology & consulting partners plug in. Will MSPs follow suit?
Salesforce Cloud, SaaS Backup Specialist OwnBackup Raises $15.5 Million
Salesforce cloud backup specialist OwnBackup, led by former Intronis CEO Sam Gutmann, raises $15.5 million. Kaseya, Unitrends and Spanning investor Insight Venture Partners involved.