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Biztech Dec 13, 2012

Panorama9 Raises $900K Seed Funding To Grow Cloud-Based IT Platform

By Biztech2.com Staff

Panorama9, a web-based IT management platform, has secured $900,000 in seed financing from private tech investors in Denmark for continued growth and expansion in the U.S. after two years of successful organic growth.

Panorama9 is designed for today’s IT needs, including extensive offerings to support BYOD and mixed-OS environments. A cleanly designed, web-based dashboard offers a comprehensive view for IT managers, with real-time tracking and alerts on company assets, IT availability, security vulnerabilities, non-compliant systems, and more.

“More and more business functions are moving to the cloud, due to its ease of use, low cost, and extremely fast ROI," said Jakob Roed, co-founder and CEO of Enalyzer, and one of this round's lead investors. "As an early investor in Zendesk, I see several parallels between the two companies and the value they bring to their customers."

Morten Stromsted, a private equity investor in Denmark involved in Panorama9's seed round, added, "As IT teams face a variety of challenges, from BYOD to virtual collaboration, there’s a pressing need for better ways to manage a company’s devices, software, security, and networks. Panorama9 is using the cloud to make IT managers' lives easier.”

Panorama9 will use this funding to develop additional features, focusing on platform usability and flexibility. Additionally, they'll be expanding their U.S. sales presence in early 2013 to accommodate strong growth and nurture an increasing number of partnerships.

Panorama9 launched in the U.S. market in April 2012 after successful trials in Scandinavia. New customer sign-ups in the U.S. have been increasing on average 20 percent each month since launch.

by Biztech2.com Staff

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