Investment to boost TechGrid’s offering to help MSPs streamline Business Operations and Elevate Client Services
April 2, 2024 – CHARLOTTE, NC – SecurEdge Networks, a business automation platform
for MSPs and IT service providers, today announced it has secured a $9.2 million investment from Bellini Capital. The company also announced its rebranding to TechGrid.
TechGrid caters specifically to Managed Service Providers (MSPs) by streamlining the delivery of comprehensive IT solutions to end clients. The new funding will help evolve and scale the platform under the continued leadership of Founder and CEO, Philip Wegner.
Through its central workflow platform, TechGrid seamlessly links businesses with a network of accredited IT Service Providers and partners, facilitating the efficient delivery of IT solutions. Furthermore, TechGrid offers technology service providers a holistic business automation platform, simplifying and accelerating the workflow for MSPs and VARs in creating, promoting, and delivering technology solutions.
“The name TechGrid stemmed from the concept of delivering IT services effortlessly and with full connectivity, much like a utility. This represents a sorely needed solution in the MSP arena,” said Philip Wegner, founder and CEO, TechGrid. “The typical MSP manages over 40 applications to sustain operations, and that is simply not scalable under the traditional model. Connectivity must provider a smoother data flow at a lower cost, aiding the seamless integration of disparate systems.”
TechGrid's business automation platform comprises three essential elements designed to assist IT service providers in constructing, marketing, fulfilling, and financing comprehensive technology solutions. These components encompass:
• Marketplace – Partners are directly integrated into the process of the service provider. Like the Shopify App store, resellers can customize the solutions they offer, manage delivery and turn on new services and applications to sell.
• Workflow – TechGrid’s CPQ engine has embedded finance and combines hardware and licensing, services, applications and internet access into a subscription model providing the service provider with a fast, simple, and standardized way to quote.
• Commerce – The commerce platform centers around a digital catalog that stores products, services, applications and internet access for the service provider to build solutions and sell via traditional channels (quotes) or through online stores.
“We’re excited to partner with and turbo charge the TechGrid team by providing funding and experience to expand their solutions.” said Arnie Bellini, managing partner, Bellini Capital. “TechGrid will connect and stream the 40+ applications MSPs use to provide managed services and the 20+ applications used to deliver security services. This will give MSPs a path toward much greater efficiency and profitability.”
About TechGrid
TechGrid is an innovative software company developing modern solutions for IT Service Providers. The company’s flagship product is a business automation platform designed for IT Service Providers to build, sell, and fulfill IT solutions online and as-a-Service. It unifies CPQ, finance, fulfillment, partners, tools, and customer experience with simple-to-use workflows.
For more information, visit: www.techgrid.com
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