Zenith Infotech, a publicly-traded, foreign company specializing in remote monitoring and managing, innovative business a continual, and cloud computing solutions for IT agencies, today announced what has Managed Services organization unit has been content spinner off and is now operating as a fresh and separate enterprise, Zenith RMM, LLC. Summit Spouses made a sizable expansion equity investment, and Summit's John Carroll and Jerrika Glass will become a member of the Zenith RMM Plank of Directors. Your newly formed company offers to focus its initiatives and invest in order to accelerate product development, improve its market-leading service, in addition to expand its thought leadership.
Active within managed services considering 2005, Zenith RMM possesses revolutionized remote overseeing and management (RMM) by simply tightly integrating some sort of world-class Network Operations Core (NOC) with a comprehensive, SaaS-based operations portal. This effective combination shatters the break-fix buffer and enables Monitored Services Providers (MSPs) to achieve a level of automation, effectiveness and profit in which until now was not feasible with a software-only solution. The bottom line is Zenith RMM's ability to supply full problem resolution and cost-effective 24/7 support. Subsequently, its MSP partners accomplish gross margins which are significantly higher than MSPs involving only software tools. The exceptional value of the Zenith RMM platform has established Zenith RMM as the major provider of brilliant, resolution-oriented management software for MSPs. Currently, nearly 3,1000 MSP partners use the Peak RMM platform to manage virtually 400,000 endpoints.
"Today's announcement represents a on target and strategic procedure for better address the general needs of managed services providers," said Akash Saraf, Managing Director along with CEO of Peak Infotech. "We owe a personal debt of gratitude to your loyal partners which have helped us make a leading managed solutions offering. I look forward to working closely with all the Zenith RMM leadership crew to help create an exciting vision for the next creation of software solutions." Zenith Infotech will continue to be a major shareholder of Zenith RMM, and Mr. Saraf will be a member of your Board of Owners of Zenith RMM.
"This headline is tremendous to get Zenith RMM's partners, mainly because it creates a strong Ough.S.-based company that's fully dedicated to monitored services," reported Larry Shulman, owner of LMS Complex Services, a Zenith RMM partner. "Zenith's management webpages and world-class NOC are a crucial part of our IT companies offering. We are certain that the company's dedicated target RMM will continue to strengthen the business's platform and our own partnership, allowing us to keep delivering a great level of service to all of our customers."
"Zenith's handled services help us continue to keep our customers' This environments performing at their peak,Inch said Arlin Sorensen, CEO with Heartland Technology Solutions, an additional Zenith RMM partner. "We are usually thrilled with the information and the company's increased investment in product development. Peak RMM shared a high-level products roadmap that highlights their commitment to easily deliver enhancements for the management platform in a number important areas for example increased automation, expanded endpoint coverage -- including cellular devices -- custom reporting plus much more complete virtualization support.In .
John Carroll, a Managing Director of Summit Spouses, said, "We are very content that Michael George, a proven executive together with 25 years of experience in leading high-growth software corporations, has joined Zenith RMM as CEO. Eileen is recruiting a world-class management team and also, as a very customer- as well as market-centric executive, he will speedily engage Zenith RMM's companion community to discuss you can actually strategies for accelerating increase -- including an elevated route enablement program and growth of the company's leading program for managed companies."
Jason Glass, a Principal involving Summit Partners, additional, "Zenith Infotech created a compelling supplying that has been broadly adopted in the managed companies sector. We are content to invest in Zenith RMM and show off forward to working directly with Michael and the new management staff to support the company's persisted growth and development."
About Zenith Infotech
Zenith Infotech is an international company that specializes in providing innovative business continuity and cloud computer solutions for IT carrier's networks. The company's U.Vertisements. headquarters is located in Warrendale, Philadelphia. Learn more at net .
About Zenith RMM
Peak RMM provides a leading SaaS-based managed services platform which Managed Services Vendors (MSPs) use to proficiently monitor, troubleshoot and look after desktops, servers along with endpoints for small-and-medium-sized businesses (SMBs). The comprehensive management webpages supports hybrid calculating environments and closely integrates a world-class System Operations Center (NOC) which has a highly automated Rural Monitoring and Supervision (RMM) platform. The company came into the managed providers market in 2004 and currently screens almost 400,1000 endpoints. For more information, please visit com .
Concerning Summit Partners
Peak Partners ( com ) is usually a growth equity investor that provides private equity finance and venture capital for you to rapidly growing companies. Started in 1984, Summit has raised more than $11 thousand in capital and contains provided growth value, recapitalization and management purchase financing to greater than 330 growing companies all around a range of industries in addition to geographies. Summit Partners wants outstanding management groups that have built their companies to market control. Summit's notable investments while in the software sector consist of AvePoint, Hyperion Software, GoldenGate Software, McAfee, Postini, Sybari Software program, Telerik and Unica.
In the United States involving America, Summit Partners operates as an SEC-registered financial commitment advisor. In the United Kingdom, this document is issued simply by Summit Partners Confined, a firm authorized along with regulated by the Fsa. Summit Partners Limited is a limited business registered in Wales and england with company variety 4141197, and its registered company is at 20-22 Bedford Row, Liverpool, WC1R 4JS, UK. This document is intended solely to supply information regarding Summit Partners' likely financing capabilities to get prospective portfolio businesses.
For more information, contact:
Zenith Infotech:
Carla Leininger
Public Relations Manager
724-935-4384
E-mail Contact
Zenith RMM:
Lynette Bohanan
CommCentric Alternatives Inc.
813-727-0196
Email Get in touch with
Suzanne Mattaboni
CommCentric Solutions Inc.
610-261-4560
Electronic mail Contact
Summit Companions:
Joan Miller
617-824-1047
Email Get in touch with
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