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Venture Capital

Moveworks Funding: Artificial Intelligence for ITSM, Help Desk Automation

Moveworks, a cloud-based artificial intelligence (AI) solution, automates IT service management (ITSM) & help desk tasks like provisioning applications, resetting passwords, unlocking accounts, managing email lists & more.

Apple Mac, iPhone Management: Fleetsmith Raises $30M Series B

Fleetsmith, which provides Apple macOS & iOS device management software, raises $30 million in Series B funding. Fleetsmith, Jamf & Addigy each pursue Mac management customers.

Dell Invests In Faction: MSP for VMware Cloud on AWS

Dell Technologies Capital invests in Faction, an MSP that supports VMware Cloud on AWS. Faction’s multi-cloud DRaaS push set to accelerate.

Cisco Launches Independent Venture Capital Firm Decibel

Cisco Systems launches Decibel, an independent venture capital organization focused on early stage investments.

Internet of Things Cloud IoT

Private Equity Funds RMM, IoT Software Acquisition

Laurel Solutions acquires Servelec Technologies, a provider of remote monitoring and management (RMM) software & Industrial Internet of Things (IIoT) systems. Private equity firm FFL Partners owns Laurel Solutions.

Partner Relationship Management: Impact Raises $75 Million

Impact, which develops a partnership automation platform, raises $75 million for organic growth & potential acquisitions. Forrester’s Jay McBain explains why partner engagements remain critical.

Zendesk Invests In Stella Connect Customer Service Platform

Zendesk invests in Stella Connect, a SaaS platform for contact center agents & their managers. A Zendesk-Stella Connect cloud integration is available.

Top 100 Technology Mergers and Acquisitions

The top 100 mergers and acquisitions involving MSPs & CSPs (managed & cloud services providers), private equity firms, VARs (value-added resellers), IT consultants, IT service providers (ITSPs), solutions providers & more.

Simplus Acquires Sixth Salesforce Partner, Raises $20M

Simplus, a Salesforce managed services provider (MSP), acquires its sixth Salesforce partner & raises $20 million in new funding. Can cloud CRM consultant achieve global reach?

Venture Capitalists Bet $38M on Aspiring MSP Disruptor Called Electric

Electric builds chat bots & automated systems to disrupt traditional managed services providers (MSPs). Venture capitalists bet $38 million on the MSP disruption strategy.