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Venture Capital

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.

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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.

Automate IT Support Through Slack: Can It Work?

Freshly funded Electric.AI claims to offer fast, efficient, automated IT support via Slack. Is this a potential IT service desk & MSP help desk disrupter?

Dropbox IPO, Salesforce Alliance: Empowering Cloud Channel Partners?

Will Dropbox IPO & Salesforce investment fuel cloud services alliances and channel partner program? Clues from Dropbox (DBX) SEC filing and rivals like Box, Datto Autotask Workplace & eFolder Anchor.

Sitehands Inc. Gathers Funding for On Demand IT Field Services

Sitehands, which is developing an online marketplace that matches IT field service technicians with customer projects, appears to be in funding mode. Is this the successor to OnForce & WorkMarket?

Friday’s Exit Strategy: 12 Intangibles That Influence MSP Valuation

12 intangibles that can influence MSP and IT service provider valuations, according to Thrive Networks CEO Rob Stephenson.

Technology, Media and Telecom M&A: 2017’s Record Stats

Merger activity across the technology, media and telecom (TMT) sectors in 2017 set a record in terms of transactions, Mergermarket research suggests. Here’s the technology M&A outlook for 2018.