SysKit, a Cambridge, England-based company specializing in data governance and management for Microsoft 365, received a $9 million investment from Cade Hill Investments.
The company will use the funds to scale its business operations, increase hiring, and strengthen its lead position in the data governance industry.
"This investment is part of a long-term growth strategy," said Toni Frankola, CEO of SysKit. "In the times ahead of us, an organization's grasp of its Microsoft 365 workspaces, with a secure and compliant tenant, could mean the difference between success and failure. That's why Cade Hill recognized SysKit Point as an indispensable solution in a company's IT arsenal, and a prime candidate for investment."
Company: SysKit Ltd.
Raised: $9.0M
Round: Unknown
Funding Month: December 2022
Lead Investors: Cade Hill Investments
Additional Investors:
Company Website: https://www.syskit.com/
Software Category: Data Management and governance platform
About the Company: SysKit is a software development company focused on creating a state-of-the-art platform for easy management and governance of Microsoft 365 environments. Navigating cumbersome and complex environments has never been easier. Its flagship product, SysKit Point simplifies IT management, enhances security, and provides IT control through one centralized dashboard. The goal is simple. to support IT professionals, business users, and organizations in achieving flexible collaboration and peace of mind.
Source: https://www.prnewswire.com/news-releases/syskit-raises-9-million-to-accelerate-growth-in-the-data-governance-industry-301695764.html