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Inforcer raises $50M to help prepare smaller businesses for a new world of AI and security risks

CN
CitrixNews Staff
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Inforcer raises $50M to help prepare smaller businesses for a new world of AI and security risks

London-based Inforcer announced Thursday a $50 million Series C round led by Insight Partners — the latest sign of investor interest in a category of startup solving a very mundane problem: most small businesses can’t afford an in-house IT department, so they outsource it to managed service providers, or MSPs. Inforcer builds the software those MSPs use to manage all of their small- and medium-size business clients’ Microsoft 365 accounts from a single platform.

Companies like Inforcer have attracted increased VC interest due to growing market demand. Especially with AI and security risks, running an in-house IT department has become increasingly complicated, so more outfits are turning to MSP experts to handle it. But that also means MSPs need more infrastructure, not only to manage many more clients, but also to keep pace with how complex IT has become these days. 

Originally reported by TechCrunch. Read the full story at the original source.