Zenith RMM, LLC, a Warrendale, PA-based newly formed provider of a SaaS-based managed services platform that Managed Services Providers (MSPs) use to monitor, troubleshoot and maintain desktops, servers and other endpoints for small-and-medium-sized businesses, has received a growth equity investment from Summit Partners.
In conjunction with the financing, John Carroll and Jason Glass will join the Zenith RMM Board of Directors.
The company, which just spun off from Zenith Infotech, a publicly-traded, international company specializing in remote monitoring and management, innovative business continuity, and cloud computing solutions for IT service providers, plans to focus its efforts and invest to accelerate product development, improve its market-leading service, and expand its thought leadership.
Following the spin off, Zenith Infotech will continue to be a major shareholder of Zenith RMM, and Akash Saraf, Managing Director and CEO of Zenith Infotech, will be a member of the company’s Board of Directors.
The company entered the managed services market in 2005 and currently monitors almost 400,000 endpoints from nearly 3,000 MSP partners.