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Venture Capital

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.

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.