ControlUp nabs $100M to monitor and improve desktop computing performance across disparate work environments

ControlUp nabs $100M to monitor and improve desktop computing performance across disparate work environments

2 years ago
Anonymous $np3LcwuhSi

https://techcrunch.com/2021/11/10/controlup-nabs-100m-to-monitor-and-improve-desktop-computing-performance-across-disparate-work-environments/

Remote and hybrid work have become the norm in business, and today a startup that’s building tools to improve how desktop computers behave in those scenarios is announcing a round of growth funding to expand its business. ControlUp, which has built technology for IT teams to monitor and improve performance across their networks, has picked up $100 million in a round of funding that it will be using to continue investing in its tools and to pick up more business.

ControlUp is already a substantial business: it says that its customers include four of the top five U.S. health insurance companies, five of the top eight U.S. healthcare companies, and four of the top six global telecoms carriers. ControlUp’s revenues grew 50% in the last year, with enterprise accounts growing 67%. Its technology is now monitoring desktops covering some 1 million “seats” globally. To give you an idea of how big its customers are, those 1 million seats are connected to some 1,500 customers in all.