Liongard, an automated system discovery and documentation software company, has bagged $4.5m in its Series A round.
Capital from the round will be used for the development of its automation platform, while growing its onboarding and account management capabilities.
US-based early-stage venture capital firm TDF Ventures led the round. Previous backers of Liongard investors Integr8d Capital, Gestalt Theory Venture Partners, Rackspace Managed Hosting Richard Yoo founder, and others, also participated in the round.
Liongard gives managed service providers (MSP) improved awareness of end customer IT environments through the automation of the IT documentation process. This supplies them with visibility past the endpoint and into critical on-premise apps, network devices and cloud services.
Its technology is leveraged by companies to improve onboarding, resolution times for client-issues and increased client retention. The ROAR solution automates the discovery, documentation, change detection, and assessment of best configuration.
By unifying a company’s data, Liongard can generate usable insights and capture the entire client environment and changes made to it.
Liongard CEO Joe Alapat said, “This investment will help us accelerate development and integrations to create additional visibility across the varied technology stacks that MSPs support.
“Our true goal is to support MSPs across the entire client journey – automating onboarding, documentation, and insight that speeds up issue resolution – unleashing teams to operate at 10X.”
In 2017, TDF Ventures participated in the $28m funding round of e-commerce security and website performance solution NS8. The startup helps merchants implement protection tools to fight abuse, and fraud.
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