DEVOPSdigest

EfficientIP received an $11 million Series B investment from Jolt Capital to support its continued international growth.

The investment will drive international expansion and deepen service offerings in response to increased global DDI (DNS, DHCP, and IP Address Management) demand.

EfficientIP helps businesses stay online and secure against data loss by making the IP infrastructure foundation reliable, agile and secure. A growing number of connected devices, and the mixture of cloud and in-house computing is making IT more complex, but EfficientIP is helping businesses simplify processes and become more competitive.

David Williamson, CEO of EfficientIP commented, “Today’s investment will enable us to accelerate our expansion on a global scale. The market opportunity for DDI solutions is growing, and we look forward to capitalizing by increasing our sales force to meet current demand, and driving further innovation that really matters to continue satisfying tomorrow’s customer needs.”

Powered by this recent investment, EfficientIP is also looking to intensify its channel partner strategy, and develop new technological alliances connected to its innovations, adding to current ecosystem partnerships with leading companies like Cisco, VMware and ServiceNow.

Guillaume Girard, a Partner at Jolt Capital, added, “We’ve been tracking EfficientIP for some time, and have been impressed with their continued ability to deliver on ambitious growth plans. EfficientIP fits perfectly in our target scope, combining deeptech assets enabling leading-edge solutions and a highly motivated top-tier team in a market which is expanding quickly. Given its increasing market footprint with Fortune 500 customers, EfficientIP is well poised for strong growth.