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"Investment" Posts

BlackRock, Snowflake Partner to Deliver Aladdin Data Cloud to Investment Management Industry

BlackRock and Snowflake announced a partnership to deliver Aladdin Data Cloud, which will make data more accessible and actionable.

Accenture Makes Strategic Investment In Reactive Technologies

Accenture has announced a strategic investment in Reactive Technologies, a London, England-based provider of power and grid technologies.

Private Equity Firm WCAS Acquires GovCIO Technology Consultancy

GovernmentCIO has received a new cash influx from private equity firm Welsh, Carson, Anderson & Stowe (WCAS).

Financial Services MSP Delta Capita Group Raises $50 Million

Delta Capita Group, a financial services consulting firm & MSP, receives $50 million equity investment from Prytek Holdings. Tuck-in acquisitions expected.

AWS MSP Mission Gains $8 Million Financing for Cloud Services Optimization

Mission, a Top 100 Public Cloud MSP & Amazon Web Services (AWS) partner, scores $8 million line of credit for cloud services customer optimization. Silicon Valley Bank involved.

Evergreen Services Group: Building A National MSP Ecosystem

Evergreen Services Group, which operates a nationwide network of MSPs, invests in Integritek LLC — a managed IT service provider in Austin, Texas.

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.

Cherwell Software Attracts More KKR Private Equity Investment Dollars

KRR invests $172 million into Cherwell Software, the second KKR private equity round since last year, to boost the IT service management software battle vs. ServiceNow & BMC Software.

Private Equity Firm Invests In Cloud IT Services Provider Achieve One

Private Equity Firm Ardenton Capital invests in Achieve One, an IT services provider focused focused on cloud-based IaaS implementations, converged infrastructures, mobility, security & disaster recovery.

Healthcare MSP CareWorx Raises $17M In Funding

CareWorx, a Top 100 Vertical Market MSP focused on senior healthcare facilities, secures $17 million in funding from Kayne Partners.