Services News South Africa

Insight Venture Partners invest in Kaseya

24 June 2013 saw Insight Venture Partners announce their sizable investment in Kaseya, with terms of the agreement remaining undisclosed.
Insight Venture Partners invest in Kaseya

Effective immediately Yogesh Gupta has been named president and CEO of Kaseya. Kaseya founders Gerald Blackie, Mark Sutherland and Paul Wong will work with Gupta, ensuring a smooth transition prior to pursuing other opportunities.

Growth and success

"Not only did Gerald, Mark and Paul define the MSP IT management market, they built an extremely successful business to serve it," says Yogesh Gupta. "Industry trends such as BYOD and cloud computing are creating new challenges and opportunities for companies. I look forward to leading Kaseya to its next level of success through accelerated innovation, and to partnering with our customers to drive their success in this new world."

"We have spent over a decade building a successful business from the ground up. I am extremely proud of the Kaseya team, our worldwide customer base and our award-winning, best-of-class products," says Gerald Blackie. "Yogesh Gupta's blue chip credentials, coupled with the experience, guidance and investment strength of Insight Venture Partners, bring a strong and committed partnership that will further drive Kaseya's growth and success."

For more information, go to www.insightpartners.com or www.kaseya.com.

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