About ConnectWise
ConnectWise is a company based in Boston (United States) founded in 2005 was acquired by ConnectWise in October 2019. It operates as a SaaS (Software-as-a-Service) and Managed Services. ConnectWise has completed 2 acquisitions, including BrightGauge and R1Soft. ConnectWise offers products and services including ConnectWise PSA, ConnectWise RMM, ConnectWise Cybersecurity, and ConnectWise Cloud Backup. ConnectWise operates in a competitive market with competitors including Datadog, ScienceLogic, NetScout, Quest Software and Kaseya, among others.
- Headquarter Boston, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Connectwise, Llc
- Date of Incorporation 04 Apr, 2011
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$20.37 M (USD)31.66as on Mar 31, 2018
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Net Profit
$2 M (USD)27.05as on Mar 31, 2018
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EBITDA
$3.56 M (USD)26.38as on Mar 31, 2018
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Latest Funding Round
Not available
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Investors
ConnectWise
& 2 more
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Employee Count
Not available
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Investments & Acquisitions
BrightGauge
& 1 more
- Acquired by
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Products & Services of ConnectWise
ConnectWise offers a comprehensive portfolio of products and services, including ConnectWise PSA, ConnectWise RMM, ConnectWise Cybersecurity, and ConnectWise Cloud Backup.
Software for managing IT services and business operations.
Tool for monitoring and managing IT systems remotely.
Solutions for protecting data and ensuring business security.
Service for backing up and recovering critical data.
Funding Insights of ConnectWise
Investors in ConnectWise
ConnectWise has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include ConnectWise, Thoma Bravo and Summit Partners.
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Summit Partners is recognized as a growth equity investment firm.
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Software and technology-enabled services companies are targeted for investment.
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Cloud-based ERP and price quotation management software is provided.
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Investor details for ConnectWise
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Investments & Acquisitions by ConnectWise
ConnectWise has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BrightGauge and R1Soft.
Investment portfolio details for ConnectWise
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- Portfolio identities
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Customizable dashboards and reports are provided for IT service providers.
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Continuous backup recovery is offered for Windows and Linux platforms.
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Complete acquisition details for ConnectWise
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- Domains and locations
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Financial Statements - ConnectWise
Detailed financials for ConnectWise
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- Profit trends
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Connectwise Comparisons
Peer comparison for ConnectWise
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Competitors of ConnectWise
ConnectWise operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Datadog, ScienceLogic, NetScout, Quest Software and Kaseya, among others.
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Cloud and application performance management platform is provided.
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AI powered IT infrastructure and cloud monitoring platform
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Cloud-based visual tools for network performance management are provided.
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Cloud-based software for IT infrastructure monitoring is provided.
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Cloud based platform offering IT infrastructure monitoring software
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Enterprise WAN optimization and application performance monitoring platforms are provided.
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Detailed competitors of ConnectWise
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Latest news on Connectwise
Complete news archive for ConnectWise
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Frequently Asked Questions about ConnectWise
ConnectWise was founded in 2005 and raised its 1st funding round 6 years after it was founded.
ConnectWise is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Annual revenue of ConnectWise is $20.37M as on Mar 31, 2018.
IT management software and cybersecurity solutions are offered by ConnectWise for managed service providers (MSPs) and IT departments. Services are delivered across sectors like business management, unified monitoring, and data protection. Comprehensive platforms including PSA, RMM, and cloud backup are developed to enhance operational efficiency. Automation and integrations are utilized to streamline IT processes. A community for MSPs is supported through events and training programs. Solutions are tailored for client onboarding, service desk ticketing, and cyber remediation. Growth and profitability for IT professionals are facilitated through purpose-built tools.
ConnectWise's top competitors include Datadog, Quest Software and ScienceLogic.
ConnectWise offers ConnectWise PSA, ConnectWise RMM, ConnectWise Cybersecurity, and ConnectWise Cloud Backup.
ConnectWise has made 2 acquisitions, including BrightGauge, and R1Soft.
ConnectWise has 3 investors. Key investors include ConnectWise, Thoma Bravo, and Summit Partners.