SecurEdge Networks' Managed Services Division
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SecurEdge Networks' Managed Services Division - overview
Location
Charlotte, NC, US
Primary Industry
IT Infrastructure
About
SecurEdge Networks' Managed Services Division specializes in optimizing the quote-to-cash workflow for Managed Service Providers through a digital platform, enhancing operational efficiency and productivity. Founded by Philip Wegner, SecurEdge Networks' Managed Services Division is based in Charlotte, US. The division was acquired by Datavalet Technologies Inc in November 2021, enhancing their expertise and client base in the U. S.
SecurEdge Networks' Managed Services Division offers TechGrid, a comprehensive digital platform for Managed Service Providers (MSPs) that streamlines the quote-to-cash workflow. Its core functions—quoting, procurement, and billing—are integrated to minimize manual errors and boost productivity. Key features include smart bundles, live digital catalogs, and automated proposal generation, all connected with essential business tools like Customer Relationship Management (CRM) systems and accounting software, addressing significant MSP challenges in cash flow and quoting across North America, Europe, and Asia. TechGrid operates on a subscription-based revenue model with tiered pricing plans suitable for different business sizes.
The plans include starter, pro, and enterprise options, facilitating efficient operational scaling. Clients have access to over 1 million product SKUs and 50+ service SKUs pre-integrated. The division capitalizes on partnerships with distributors such as Ingram Micro, TD Synnex, and D&H to enhance cash flow management and operational efficiency. In November 2021, the acquisition of SecurEdge Networks' Managed Services Division by Datavalet Technologies Inc aims to broaden its presence and clientele in the U.
S. Future initiatives may include launching new products tailored for MSPs and expanding operations into additional geographic markets, with specific details expected to emerge as strategies develop.
Current Investors
Datavalet Technologies Inc
Primary Industry
IT Infrastructure
Sub Industries
IT Infrastructure, Connectivity Software
Website
www.securedgenetworks.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
SecurEdge Networks' Managed Services Division - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | SecurEdge Networks' Managed Services Division | - |
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