Venture capital

Will Augmented Reality (AR) software revolutionize how MSPs deliver remote IT support to customers? Clues from ServiceNow, CareAR & Xerox emerge.

Cloud backup, disaster recovery (BDR) & data protection software company OwnBackup grows valuation nearly $2 billion in seven months; plans expansion from Salesforce to Microsoft Dynamics 365 data protection.

RMM, PSA & remote management software provider Atera raises $77 million in Series B funding at $500M valuation, led by General Atlantic.

Workday Ventures invests in Clari, a fast-growing sales and revenue operations management software company.

ElectroNeek, a robotic process automation (RPA) software company, promotes hyperautomation bots for managed service providers (MSPs).

Terazo, a combination cloud software developer & MSP, raises $10 million from Tercera & Twilio. Terazo will pursue acquisitions.

SuperOps.ai raises $3 million in seed funding; beta tests MSP, RMM & PSA software platform. Founders tout Zarget, Zoho & Freshworks experience.

Cloud storage startup Wasabi, an Amazon Web Services (AWS) alternative, raises $112M Series C funding for channel partner, MSP & distribution expansion.