Netgain is a St. Cloud, Minnesota-based provider of cloud management services tailored for compliance-focused, mid-market clients. Its offerings include specialty application hosting, desktop-as-a-service (DaaS), and complete end-point management, enabling customers to meet stringent regulatory requirements while outsourcing IT infrastructure. The company employs roughly 120 people across offices in Minnesota, Illinois, and California. Netgain positions itself as a partner for healthcare, financial services, and other regulated sectors that demand secure and reliable cloud environments. The firm’s growth strategy involves deepening penetration in compliance-related vertical markets and scaling its support, sales, and marketing operations. The recent capital infusion will fund these operational expansions. Although specific revenue or user figures were not disclosed, the size of the financing suggests a growth-stage trajectory focused on accelerating market share. Overall, Netgain aims to solidify its niche in regulated cloud services and broaden its national footprint.

Total raised

$25M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2017