RPA Software and Hyperautomation for MSPs: ElectroNeek Raises $20M
ElectroNeek, a robotic process automation (RPA) software company, promotes hyperautomation bots for managed service providers (MSPs).
Cloud Software MSP Raises $10M In Funding
Terazo, a combination cloud software developer & MSP, raises $10 million from Tercera & Twilio. Terazo will pursue acquisitions.
MSP Software Funding: SuperOps.ai Launches RMM, PSA for MSPs
SuperOps.ai raises $3 million in seed funding; beta tests MSP, RMM & PSA software platform. Founders tout Zarget, Zoho & Freshworks experience.
AWS Cloud Storage Alternative Wasabi Raises $112M
Cloud storage startup Wasabi, an Amazon Web Services (AWS) alternative, raises $112M Series C funding for channel partner, MSP & distribution expansion.
SaaS Security: MSP Opportunities, Challenges Explained
Multiple SaaS security software startups raise funding to safeguard Microsoft 365, Salesforce & more. Can MSPs monetize SaaS security? (Yes. Here’s how.)
Zoom Launches $100M Apps Venture Fund
Zoom Apps Fund is a venture capital fund for Zoom-focused technology startups & video application developers.
Druva Cloud Data Protection: Late Stage Funding Now, IPO Later?
Druva raises $147 million in late-stage funding. Cloud data protection & backup company valued at over $2 billion. Druva IPO speculation continues.
Accenture Makes Strategic Investment In Data Firm Arabesque S-Ray
Accenture’s most recent deal comes in the form of a strategic investment in German data provider Arabesque S-Ray.
JMI Equity Seeks Small B2B Cloud Software Company Investments, Acquisitions
JMI Equity Fund X seeks to invest in small B2B cloud software companies that have $10 million or more in annual revenues. TimelyMD, PointClickCare & Seismic Software investments confirmed.
MSP Funding: Electric Raises $40M for IT Support Software Development
Electric, an MSP with in-house software development, raises $40 million led by Greenspring Associates. Electric CEO Ryan Denehy explains what’s next.