The Alpharetta based Microsoft 365 management platform, CoreView announced on 5th October 2020 that it gained US$ 10 m in its Series B funding led by Insight Partners. With the received funding, they have planned to use its position in the platform market.
The growth of the platform
The market attraction for CoreView is seen with a significant increase, with a revenue of 173% in 2019. It has also grown its users to five million-plus and has earned a Gold Partner Certification from Microsoft. It will now further invest in expanding its international resellers network, managed service providers, and enterprise clients globally. It will also focus more on product innovation with the received funding.
With the need to implement a remote work strategy in recent times, many enterprises shifted to M35 this year. For the same, the need for actionable insights to manage, secure, and optimize their platform gained more importance. Many businesses have benefited from the powerful enterprise solution provided by CoreView. Their expertise helps various software companies to expand in larger markets. With the new investment, they are excited to build a global class platform that has the potential to solve problems that businesses face today!
The platform offered by CoreView extends the Admin Center of Microsoft M365 to provide accurate insights in a single interface that aids businesses in implementing less-privileged access in M365. This is useful in protecting data breaches by any of the internal or external threats, automate both event and user records and deliver customized reporting. They are all set to develop new functionalities that will make their platform necessary for the businesses that operate on SaaS and Cloud platforms and thereby solidify their leader position in the market.
About CoreView
CoreView is a European company founded in 2014 by Ivan Fioravanti and David Marscarella. The company is headquartered in Italy. It is a global leader in providing solutions for Office 365 management, monitoring, security, reporting, and auditing. The company is based on the pillars of providing protection, management, and optimization of SaaS platforms. With its industry-specific management systems, businesses can achieve total visibility and smooth management and achieve maximum SaaS ROI.
About Insight Partners
The scale-up firm Insight Partners is a New York-based private equity and venture capital firm that invests in early-stage, late-stage, and private equity startups. The VC was founded in 1995 and now has assets worth US$20 billion under its management and has backed 300 plus companies globally.
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