Kaseya provides the Kaseya IT Complete platform, an integrated suite for managing, securing, and backing up IT for managed service providers and internal IT organizations. The platform centralizes IT management, supports remote and distributed environments, simplifies backup and disaster recovery, and automates across IT management functions. Led by CEO Fred Voccola, the company emphasizes an open, customer-centric approach. Kaseya has a presence in over 20 countries and a customer base of approximately 40,000. The company completed an investment of more than $500 million that valued it at $1.75 billion. Kaseya plans to use the proceeds for strategic acquisitions, international expansion, and increased R&D on customer-centric products. Kaseya offers complete IT management and security solutions for managed service providers and small to midsized businesses. Its platform currently manages over 10 million endpoints worldwide and is used by customers across industries including retail, manufacturing, healthcare, education, government, media, technology and finance. The company is majority owned by Insight Venture Partners and is led by CEO Fred Voccola. Kaseya has a presence in over 20 countries and maintains existing operations of approximately 30 people in Ireland. The company raised over €38M in funding, including a €19M investment from the Ireland Strategic Investment Fund. It plans to use the funds to create up to 130 new jobs in Ireland and to launch a collaboration program with third-level universities and institutes of technology across Ireland. Kaseya provides IT Service Management software as both a SaaS solution and an on-premises solution built on the same core technology. Its platform enables individual IT professionals at small-to-medium businesses, large corporations and IT service providers to manage and control IT assets remotely. The company’s solutions are used by more than 10,000 customers worldwide across industries including healthcare, education, finance and government. Kaseya maintains over 30 offices in 23 countries. It was founded by Gerald Blackie, Mark Sutherland and Paul Wong. The article does not disclose financial results or detailed future plans.

Total raised

$545M

Funding rounds

3

Latest round

Equity

Latest activity

May 2019