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Bettercloud Announces Strategic Growth Investment From Vista Equity Partners

Jun 09, 2022•over 3 years ago

Description

BetterCloud, the leading SaaS Management Platform provider, today announced a strategic growth investment from Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses. The partnership will enable BetterCloud to continue to accelerate growth and product innovation, expand into new geographic markets and continue to build best-in-class capabilities for its global customer base. BetterCloud's existing investors, including Accel, Bain Capital Ventures, Warburg Pincus and others, will continue as minority investors.

Company Information

Company

Better Cloud

About

The platform features capabilities in three key areas of SaaS Operations Management: Application Insights, User Lifecycle Management and Data Protection. The firm exclusively invests in enterprise software, data and technology-enabled organizations across private equity, permanent capital, credit, and public equity strategies, bringing an approach that prioritizes creating enduring market value for the benefit of its global ecosystem of investors, companies, customers and employees. The partnership will enable BetterCloud to continue to accelerate growth and product innovation, expand into new geographic markets and continue to build best-in-class capabilities for its global customer base. BetterCloud is the market leader for SaaS Operations, enabling IT professionals to transform their employee experience, maximize operational efficiency, and centralize data protection.