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Venture Capital

Accelo Repositions PSA as ServOps, Raises $9M for Small Business Automation Platform

Accelo raises $9 million, abandons PSA (professional services automation) branding, and bets on Service Operations Automation (ServOps) for SMBs.

Auvik Raises $11.8 Million for Network RMM, MSP Partner Expansion

Auvik Networks raises US$11.79 million to drive cloud-based network RMM (remote monitoring & management) for MSPs. Auvik CEO Marc Morin explains next moves.

WorkMarket Acquiring OnForce; Accenture Driving Deal?

WorkMarket is acquiring OnForce, according to sources close to both companies. An Accenture investment in WorkMarket may have set the stage for the deal.

OwnBackup: Salesforce, ServiceNow Cloud Backup Provider Raises $7.5M

OwnBackup, a cloud backup provider for Salesforce, Slack & ServiceNow, raises $7.5 million in Series B funding. CEO Sam Gutmann previously led Intronis.

Is Mexico City The Next Silicon Valley?

I’ve talked about the entrepreneurial spirit in Mexico City, so I’m no stranger to the notion that this is capital on the rise. But the next Silicon Valley?

Salesforce Launches Trailblazer Investment Fund for Cloud Consulting Partners, Integrators

Salesforce launches SI Trailblazer Fund to finance cloud startups, IT consultants & integrators that drive Salesforce deployments, EVP John Somorjai says.

Venture Capital Money Dollars Currency

Microsoft, HP Enterprise Invest in Synack Cybersecurity Penetration Testing

Cybersecurity startup Synack raises $21 million in Series C funds from Microsoft Ventures & HP Enterprise (HPE). Proofpoint CEO joins board of directors.

Tech Mergers and Acquisitions Decline in Q1 of 2017

Technology mergers & acquisitions dipped slightly in Q1 2017 vs Q1 2016, according to Jordan Edmiston Group (JEGI). CMO Adam Gross explains why.

Five Ways to Get Startup Funding, Small Business Financing in Alabama

How Alabama startup businesses, IT service providers, MSPs, VARs & cloud service providers (CSPs) can find funding, financing & mentoring services.