"GGV Capital" Posts

MSPs and Venture Capital: Electric Raises $90M to Automate SMB IT Support

Credit: Electric

Electric, a New York-based MSP that develops automation software, raises $90M in Series D funding. The goals: Simplify SMB SaaS management & more.

Electric CEO Ryan Denehy: The ChannelE2E Interview

Electric, backed by venture capital, is seeking to acquire MSPs while expanding its software development efforts. Can Electric CEO Ryan Denehy deliver a ServiceNow-like alternative to midmarket customers?

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

Credit: Getty Images

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