Venture Capital

Security

Encryption startup Fortanix targets channel expansion with just-closed $23 million Series B funding round

January 30, 2019 Mark Cox Comments Off on Encryption startup Fortanix targets channel expansion with just-closed $23 million Series B funding round
The company’s investments here include the appointment of Tammy Schuring as the first head of sales, and the development of a channel expansion strategy.

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Backup

Channel-focused next-gen storage vendor Reduxio receives large funding boost

March 20, 2017 Mark Cox Comments Off on Channel-focused next-gen storage vendor Reduxio receives large funding boost
Expansion into Canada is among the objectives from the new cash infusion from Reduxio’s Series C funding.

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Networking

Cisco Canada opens Toronto Innovation Centre

January 13, 2016 Robert Dutt Comments Off on Cisco Canada opens Toronto Innovation Centre
Cisco Canada’s new Innovation Centre aims to create a place to work together with customers and partners on creating new solutions.

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Brian Bourne, president of the new New Signature Canada
Solution Provider News

Toronto-based CMS Consulting acquired

June 2, 2015 Robert Dutt Comments Off on Toronto-based CMS Consulting acquired
CMS Consulting becomes New Signature Canada as budding Microsoft super-VAR expands into Canada.

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Nitin Kawale - Cisco Canada
Featured Post

Cisco to invest $150m in Canadian tech startups

June 20, 2014 Robert Dutt Comments Off on Cisco to invest $150m in Canadian tech startups
The Cisco Canada Innovation Program promises $150 million to support Canadian innovators, part of a growing investment in the Canadian market.

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ConnectWise CEO Arnie Bellini
Managed Services

ConnectWise aims to exploit Autotask sale

June 17, 2014 Larry Walsh (Channelnomics) Comments Off on ConnectWise aims to exploit Autotask sale
ConnectWise is looking to capitalize on the acquisition of rival professional services automation vendor Autotask by inviting users to defect.

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No Picture
Security

FireMon, a solution provider spinoff, sold to VC

June 11, 2014 Larry Walsh (Channelnomics) Comments Off on FireMon, a solution provider spinoff, sold to VC
FireMon, a security intelligence software vendor spun off from FishNet Security, received a majority stake investment from Insight Venture Partners.

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Autotask CEO Mark Cattini
Managed Services

After long-simmering rumors, Autotask acquired

June 10, 2014 Larry Walsh (Channelnomics) Comments Off on After long-simmering rumors, Autotask acquired
Autotask acquired by private equity firm Vista Equity Partners for an undisclosed price, making it the latest shakeup in the managed services segment.

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Kaseya CEO Yogesh Gupta
Featured Post

Kaseya Launches RoverApps-based BYOD Suite

December 11, 2013 Larry Walsh (Channelnomics) Comments Off on Kaseya Launches RoverApps-based BYOD Suite
Managed services tools provider Kaseya launched the first product based on its RoverApps acquisition, the Kaseya BYOD Suite.

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There can be an upside and a downside for managed services vendors
Featured Post

The Economic Reality of Managed Services

August 13, 2013 Larry Walsh (Channelnomics) Comments Off on The Economic Reality of Managed Services
Managed services are very lucrative for solution providers, but recent moves in the RMM space show how limited the market can be for MSP tool providers.

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