Josys, a SaaS management platform, raises $93M | TechCrunch
Josys, a startup offering a software-as-a-service (SaaS) platform to automate corporate IT software application management, has raised a $93 million Series B round led by existing backer Global Brain and a new investor, Globis Capital Partners.
The latest funding, which brings its total raised to $125 million, comes about a year after its $32 million Series A in September last year.
Josys, spun off from its parent company, Raksul, in 2021, currently has 300 small- to medium-sized enterprises using its platform, an increase of more than triple from 90 customers in August 2022, Yasukane Matsumoto, CEO of Josys, told TechCrunch. In addition, the outfit generates revenue with its net revenue retention (NRR) rate exceeding 140% and has hit profitability with a customer acquisition cost payback period of less than one year, Matsumoto said.
Josys provides the SaaS management platform and IT outsourcing services that manage the IT device life cycle, including “purchasing, configuration, shipping, repairing and storage of laptops and mobile devices,” which…