Tech Company Financing Transactions Funding Round

On 10/10/2023, received $12.4 million in Series B funding from Addition, March Capital Partners and Matrix Partners.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B

Addition (Lead Investor)

March Capital Partners (Lead Investor)

Matrix Partners

Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.

Company Information

Company Status
Private & Independent
Mailing Address
2093, Philadelphia Pike,
Claymont, DE 19703
Email Address
Overview is transforming MSP businesses worldwide by automating and streamlining their service delivery and asset and network monitoring and management with its AI-powered unified PSA-RMM platform, with built in Network Monitoring, IT Documentation and Project Management. Once upon a time when Arvind Parthiban and Jayakumar Karumbasalam, the protagonists of this story, were newbies in the tech industry, they built an MSP software. Decades later when they took a look at the industry, they were surprised to see that while the world of technology had advanced by leaps and bounds, software aimed at MSPs had stayed stagnant, some still stuck in the on-premise era!
Profile LinkedIn Company Profile
Social Media Company Twitter Account
Company News News
Facebook on Facebook
YouTube on YouTube

Management Team

Email & Social
Chief Executive Officer
Arvind Parthiban
  Arvind Parthiban LinkedIn Profile  Arvind Parthiban Twitter Account  Arvind Parthiban News  Arvind Parthiban on Facebook
Chief Technical Officer
Jayakumar Karumbasalam
  Jayakumar Karumbasalam LinkedIn Profile  Jayakumar Karumbasalam Twitter Account  Jayakumar Karumbasalam News  Jayakumar Karumbasalam on Facebook
Radhika Hemabushanam
  Radhika Hemabushanam LinkedIn Profile  Radhika Hemabushanam Twitter Account  Radhika Hemabushanam News  Radhika Hemabushanam on Facebook



Browse more venture capital transactions:

Prev: 10/10/2023: Enfin Energy Finance venture capital transaction
Next: 10/10/2023: FluidAI Medical venture capital transaction


Share this article


Where The Data Comes From

We do our best to record tech company VC transactions. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary