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Growth Equity VC

$2.9b

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Recent News about Flexera

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Flexera is a company that specializes in IT management software and optimization solutions. It helps businesses manage and control their software and IT costs, allowing them to grow more efficiently. Flexera operates in the IT and cloud management market, providing tools and services that help organizations optimize their technology investments.

The company serves a wide range of clients, including large enterprises and IT leaders who are responsible for managing complex IT infrastructures. Flexera's solutions are particularly valuable for organizations undergoing digital transformation, as they help drive growth and deliver a return on investment (ROI) on technology expenditures.

Flexera's business model revolves around Technology Value Optimization (TVO). This approach focuses on maximizing the business value derived from every dollar spent on technology. By using Flexera's TVO solutions, clients can better manage their software and IT assets, ensuring they are used efficiently and cost-effectively.

The company generates revenue through the sale of its software products and services. These include IT asset management (ITAM) and software asset management (SAM) tools, which help organizations track and optimize their software usage. Flexera also offers cloud management solutions that assist businesses in managing their cloud resources more effectively.

Recently, Flexera expanded its portfolio by acquiring Snow Software, further strengthening its position in the IT optimization market. This acquisition allows Flexera to offer a broader range of solutions to its clients, enhancing their ability to manage and optimize their technology investments.

In summary, Flexera is a key player in the IT management and optimization space, helping businesses control costs and maximize the value of their technology investments.

Keywords: IT management, software optimization, cloud management, digital transformation, cost control, ROI, ITAM, SAM, TVO, Snow Software.

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Investments by Flexera

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Snow Software
ACQUISITION by Flexera Nov 2023
Revulytics
ACQUISITION by Flexera Feb 2020
RISC Networks
ACQUISITION by Flexera Jun 2019
ManageSoft
ACQUISITION by Flexera May 2010