The MSPAlliance has launched an Angels Network, which the association calls a “unique community that will connect early-stage Managed Service Providers (MSPs) with potential investment opportunities.” Details about the angels network are expected to surface at this week’s MSPWorld conference in Los Angeles. Here’s what the MSPAlliance has said so far, plus some MSPmentor perspectives.
MSPAlliance Launches Angel Investors Group to Fund MSPs
Where Startups Get Most of Their Funding
You’re launching a managed services business or expanding your organization. Where do you get the money to fund those new operations? A study from the University of Michigan suggests the answer has very little to do with angel investors and venture capitalists. Here are some small business funding stats worth noting.
Investors Pump Money Into Service Providers
Apparently, the economic crisis is easing — especially in the service provider market, where investors are starting to pump money into the sector. Here’s a look at multiple recent deals involving MSPs, hosting providers and aspiring cloud specialists. As a whole, the deals could represent a financial vote of confidence in the managed services market.
QualityTech: $150 Million for Managed Services Push
Here’s an endorsement for the managed services sector: private equity firm General Atlantic has announced plans to invest $150 million into Quality Technology Service to help grow that company’s managed services offering. Here are some quick details.
Why Venture Capitalists Are Down, And MSP Software Companies Are Up
I just spotted this on The Wall Street Journal’s Business Technology blog:
In a study released Wednesday by the University of San Francisco, Mark Cannice, founder of USF’s Entrepreneurship Program, found that venture capitalists’ confidence is at its lowest level since the university began surveying venture investors in 2004.
But that doesn’t necessarily mean bad news for the managed services industry. Here’s why.