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Josys Raises $93M In Series B Funding To Revolutionize Global It Operations

Sep 06, 2023almost 2 years ago

Amount Raised

$93 Million

Round Type

series b

TokyoIt ManagementEnterprise SoftwareSaasInformation TechnologySoftware

Investors

Globis Capital PartnersGlobal Brain

Description

Josys, a leading SaaS and Device Management Platform, today announced a successful Series B funding round of $93 million, bringing its total funding to $125 million. Global Brain and Globis Capital Partners led the round. Since its Series A raise of $32 million last September, the company has witnessed a tenfold increase in revenue and now serves over 300 businesses.

Company Information

Company

Josys

Location

Tokyo, Tokyo, Japan

About

Josys is an integrated Employee IT Lifecycle management solution for businesses to drastically simplify the process of employee onboarding, offboarding, and management of their overall IT needs. Josys integrates with a multitude of your organization’s IT systems and SaaS apps enabling centralized Employee IT lifecycle management across all tools and systems. With Josys, you can seamlessly manage your organization’s disparate SaaS apps, including provisioning and deprovisioning of app accounts, managing access control, and monitoring and reporting to ensure compliance and proactively reduce the risk of security breaches. Josys also provides comprehensive device management, allowing you to efficiently manage all your employee devices from a single console. Josys automates, abstracts and simplifies employee IT lifecycle management, freeing up valuable time for your IT team to focus on strategic initiatives and core operations, while improving employee productivity and enhancing security.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech