EfficientIP Receives $11M Investment to Accelerate Expansion

EfficientIP receives $11M investment from Jolt Capital for Expansion

Latest funding round enables deeper technology integration, exploration of new markets and strengthened technological leadership

EfficientIP, the network security and automation specialist, today 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.

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.

Read the full press release

17 December 2019