6 August 2018
NorthEdge Capital has announced the first investment from its recently closed NorthEdge Capital SME Fund I, backing award-winning cloud services specialist iPortalis with a multimillion-pound growth capital investment to support its global expansion.Find out more
iPortalis is an award-winning cloud services specialist with a a strong portfolio of global clients.
As organisations increasingly move to the cloud, iPortalis helps international businesses aggregate their diverse solutions so that all technology purchasing, deployment and license & asset management functions can be handled by IT teams via a single pane of glass.
At the heart of the iPortalis service is the iPortalis Control Portal (iCP). This cloud software portal enables IT teams to purchase, deploy and manage over 30 popular applications from Microsoft, Cisco, Citrix, Symantec, VMware, Acronis and other leading suppliers. It was recently named Most Innovative Enterprise Product at the UK Cloud Awards 2018.
iPortalis is an award-winning, vendor-agnostic business that operates internationally from its offices in the UK, Europe and USA. The company has a strong portfolio of global clients, from multinational enterprises to many of the world’s largest hosted service providers and telcos, and is well placed to capitalise on the drive towards consumerisation of IT within large, complex global enterprises continues, which will create a number of pain points that are addressed by the iPortalis value proposition.
The investment supports the existing management team led by founders Neil May, CEO, and Eric Hanig, CTO, and sees NorthEdge take a significant minority stake in the company. This will be used to drive further expansion of iPortalis’s client base, continue to strengthen its market leading technology and triple headcount to 60 staff across the globe. John Hawkins, an experienced Chairman who has consistently driven growth in the technology sector, also joined the business as Non-Executive Chairman.