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itopia raises $3.5 million to fund growth

October 10, 2016·Nancy Dahlberg 10/10/2016

Jon Lieberman Photoitopia  has secured $3.5 million in funding to accelerate its growth, the Miami-based technology company’s CEO said on Monday.

itopia, founded in 2012, is in the “Workspace-as-a-Service space and is the only technology company offering an end-to-end, cloud workspace management platform designed exclusively to help IT service providers simplify the migration to and ongoing management of cloud services from a single dashboard, said Jonathan Lieberman, itopia co-founder and CEO.

“The global market is rapidly moving to a cloud-first world where businesses are demanding that their IT service providers deliver secure and seamless access to data anywhere, anytime and on every device,” said Lieberman, in a statement (pictured at right). “Our new funding exceeded our target and the time is now to capitalize on the market growth and the potential around WaaS by providing channel partners with the technology and tools they need to lead and thrive in this new reality.”

Ubaldo Don Photo (1)itopia said it plans to use this funding for expanding channel development teams, including inside and field sales, digital marketing and partner support; enhancing itopia’s IT service provider partner program with additional training and educational resources; and accelerating itopia’s innovative engineering effort.  “With this new funding, itopia gains the resources to generate greater awareness for its proprietary Cielo cloud workspace management platform,” said Ubaldo Don (pictured at left), itopia co-founder and CTO. itopia would not disclose total funding raised.

The new funding is co-led by John McIntire and Eric Kamisher, both early investors in Open English and other ventures, and IT industry leader Sean Charnock. McIntire and Kamisher will join Charnock on itopia’s Board of Directors. Other prominent local investors who are also on itopia's board include Bill Pruitt, founding investor in Mako and VirtualStream, Sherrill Hudson, former Chairman of the Board and CEO at TECO Energy and Managing Partner at Deloitte, and Steve McKean, Co-Founder at Acceller and BillShark.

itopia has 33 employees including its software development team and plans to grow to more than 50 soon, Lieberman said. Nearly 1,500 leading enterprise software applications are certified on itopia’s platform, with new applications added regularly. Last year, itopia was just named one of the 15 coolest cloud companies by CRN, a well-respected technology industry publication.