Global private equity and venture capital firm, Insight Venture Partners, has bought a significant stake in IT systems management software company, Kaseya, for an undisclosed sum.
Insight Venture Partners managing director, Mike Triplett, said in a statement, “Kaseya is the market leader in IT management solutions for MSPs and mid-market enterprises. We intend to expand on that leadership position and bring significant value to Kaseya, its customers and its employees.”Kaseya CEO, Gerald Blackie, as well as founders Mark Sutherland and Paul Wong, will leave the company.
Blackie will be replaced by former FatWire Software president and CEO, Yogesh Gupta.
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