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What a $25 Million Investment Means for Our Vision to Power Cloud IT
Via CEO +David Politis - So far, 2015 is shaping up to be an eventful year for BetterCloud. In less than 3 months, we’ve announced a new product for Office 365, rebranded the company, and introduced real-time DLP functionality for Google Drive.

And this morning, we’re sharing more exciting news: BetterCloud just closed a $25 million round of financing, led by Accel Partners and with participation from all of our existing investors. Read more about the announcement in TechCrunch via the link below.

Going through the fundraising process forces you to take a step back and reflect on your how your business has performed and how you got to where you are. At the same time, it serves as a catalyst to look forward, set goals, and think about how how you’d like to evolve.

We’ve been through this process before, but this time was different–with more experience under our belts, a number of things about the business and the exciting market we’re in have become very clear.

The rise of / migration to / adoption of cloud office platforms is the most important trend in IT for over 20 years.

The shift to cloud office platforms represents a critical pivot for IT since this technology is used by every user in an organization. The cloud office market barely existed 6-7 years ago, and today, every IT department in the world is planning their move to either Google for Work or Microsoft Office 365. According to Gartner, “The number of business users provisioned, in whole or in part, with office systems capabilities from the cloud will grow at around 28% a year to 695 million users by 2022, constituting around 60% of the total office systems users by then.” We believe cloud office platforms will be the hub for cloud IT and the rest of an organization’s cloud services will hook in like spokes off of the core infrastructure. Everyone in the world goes to work in the morning and lives in their messaging and collaboration applications, making the cloud office the nerve center for every organization.

BetterCloud was very early to the cloud office market and is now unique and central to this fast growing market

Because of our learnings and data we’ve gathered from working with our 50,000+ customers and 200+ partners, we have become the foremost experts on the two major cloud office platforms: Google for Work and Office 365. We’re in a position where we are working with some of the most forward-thinking IT professionals who are driving change inside of their organizations, partners that are shepherding these organizations through these changes, and a team that is born in the cloud and is passionate about building problem-solving solutions. Over the years, our customers have provided us with incredible insights and use cases, giving us the benchmarking data to recommend best practices–which we’re working hard to productize and scale.

The long-term vision for the company continues to be validated and supported at every step of the journey.

We have a big vision for the future and are really just getting started–I always tell the team that this is going to be a marathon and not a sprint. We’re still in the early stages of this major shift to the cloud, and despite tremendous adoption metrics, the use of cloud office platforms is just starting to move from the early adopter stage to the early majority. We plan to use our current position as a launching point for even more innovation in the cloud insights, management, and security space. We have taken a number of big risks recently and the market continues to validate that the direction we’re moving in is the right one. So, we will continue to evolve and aggressively go after our big vision.

With this investment, we know that the expectations of our company and team are higher than they’ve ever been, and we welcome that. We will continue to work to solve the problems of and innovate for the thousands of IT professionals that rely on us to get their jobs done every day.

We’ll have more exciting product news a little later this year, so stay tuned. We’re also always looking for great people to join our team, so even if you don’t see a good fit on our careers page, feel free to get in touch (email careers@bettercloud.com and let us know what you’re looking for).

This is going to be a fun journey, thank you for all the support.
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I assume we get all our feature requests developed now :-)
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67 Resources to Take Your Cloud IT Admin Skills to the Next Level
Cloud IT admins need not look far for Google Apps and Office 365 training and learning resources. We've consolidate the information needed to get started.
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Google Apps vs Office 365: Comparing the Usage, Adoption & Effectiveness of Cloud IT's Power Players
The Office 365 vs. Google Apps story is just beginning. The data we've collected will help provide insights into where the platforms--and their customers--stand today.
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3 Ways to Monitor Customer Churn by David Politis #SaaS
Here's how to prioritize the hundreds of indicators of customer relationship and to get the right signals vs. noise.
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Gmail Will Finally Let You Search ALL of Your Emails
Not all emails were created equal. At least according to Gmail’s old search algorithm that was the case. If an email was in your trash or spam folder it would not turn up in a search. This was a huge ..more ›
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Register now for The 2016 State of Cloud IT Roundtable featuring IT admins from Hootsuite, Swipely, and SocialCode! | 2/10, 2pm ET http://bit.ly/1X8GYUu
With more companies moving to the cloud, IT professionals must adapt their skill sets to overcome new obstacles. But where exactly does IT stand today? And more importantly, where is IT going to go? The 2016 State of Cloud IT Report sheds light on the emerging challenges and opportunities that are unfolding in IT departments across the globe. The working world is at a turning point, and at the center sits IT.
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Changing Role of IT Administrators Presents Opportunities for Partners, ISVs
Cloud IT administrators are focusing on more strategic, non-routine tasks.
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Great read from the NY Times | David Politis of BetterCloud: Start by Working Beyond Your Résumé http://nyti.ms/23Aq85h
The chief executive of the cloud-based software company BetterCloud advises college graduates to begin their careers in a job where they can make a difference.
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The Continuing Evolution of Cloud Computing
The cloud in less than a decade has gone from being primarily viewed as a tool to improve IT economics and flexibility to a force that's systematically transforming the economy and redefining the role of the CIO. How did the cloud get to this point? And what's coming next? Some history and a recent report provide clues, says CIO Journal Columnist Irving Wladawsky-Berger.
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This is How Microservices Will Help You Develop Better Products
A microservices architecture offers benefits that a monolithic application cannot. However, that doesn't mean there won't be development challenges.
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Cloud security: 10 things you need to know
Is the cloud truly safe? Here's what you need to know about cloud security.
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6 Strategies Cloud Partners Can Leverage to Differentiate Their Offerings
The cloud partner ecosystem is crowded, meaning partners must distinguish themselves to succeed. Cloud partners can use these strategies as differentiators.
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In their circles
792 people
Have them in circles
1,836 people
Jakub “Sandtalker” Kołakowski's profile photo
Vivek Rp's profile photo
Guy Gordon's profile photo
Dorothy Fox's profile photo
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Oliver Santos's profile photo
Sarah Mayes's profile photo
Anshegra Anateforp's profile photo
Renato Mendes Figueiredo (renatomefidf)'s profile photo
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Powering Cloud IT
Introduction
BetterCloud provides critical insights, automated management, and intelligent data security for cloud office platforms. By leveraging open APIs, BetterCloud securely connects with your data at its source, providing maximum control without requiring any cumbersome setup. Offering solutions for both Google Apps and Office 365, BetterCloud is trusted by IT teams in over 50,000 organizations worldwide.