If only you had more time — or more cash — to build your business in 2010. Sure, you can reach out to a credit union or local bank for a line of credit. But I’m starting to hear from managed service providers (MSPs) who are mulling another path: Finding an angel investor. Smart move?
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MSPs: Looking for an Angel Investor?
Posted January 12th, 2010 by Joe Panettieri
Investors Pump Money Into Service Providers
Posted December 2nd, 2009 by John Moore
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.
Zayo Group Attracts Managed Services Investment Dollars
Posted March 5th, 2009 by Joe Panettieri
Despite the recession, some managed service providers continue to attract investment dollars. One example: Zayo Group, which specializes in fiber-based network services and managed services, says it has raised $128 million in Series B funding. Here’s a bit more about the company’s financial performance, along with some tips on how you can track where IT investment dollars are flowing.
Goldman Sachs Invests In Nimsoft, Managed Services
Posted October 8th, 2008 by Joe Panettieri
It’s the ultimate sign of confidence in the managed services market. Amid the continuing economic turmoil and credit crunch, Goldman Sachs and several other firms have invested $12 million in Nimsoft – one of the software sector’s fastest-growing companies and a key player in the managed services industry.
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