Liongard, a Houston, TX-based automated system discovery and documentation software company focused on IT Managed Service Providers (MSPs), secured $4.5m in Series A financing.
The round was led by TDF Ventures with participation from existing investors Integr8d Capital, Gestalt Theory Venture Partners, Richard Yoo (the Founder of Rackspace Managed Hosting), and others.
The company intends to use the funds to accelerate development of its Roar platform while expanding capabilities in onboarding and account management to provide support for its MSP partners.
Founded by Joe Alapat and Vincent Tran, Liongard provides MSPs with a platform to increase awareness of end customer IT environments by automating the IT documentation process. Specifically, the platform supplies MSPs with visibility beyond the endpoint and into critical on-premise apps, network devices, and cloud services. MSPs using the platform are reporting faster times to onboard new clients, improved time-to-resolution for client issues, and increased client retention.