Beamy, a Paris, France-based SaaS management for large companies, announced that it raised more than $9 million in Series A funding.
The round was led by the Aglaé Ventures, ISAI, and Evolem funds, as well as business angels Nicolas Hernandez (360 Learning) and Erwan Keraudy (CybelAngel).
This fundraising will allow the company to accelerate its international development (Beamy already being present in France and the United Kingdom on the international market), create global leadership, and strengthen customer relations by supporting them in their long-term governance efforts.
Company: Beamy SAS
Raised: $9.0M+
Round: Series A
Funding Month: April 2022
Lead Investors: Aglaé Ventures, ISAI, and Evolem funds
Additional Investors: Nicolas Hernandez and Erwan Keraudy
Company Website: https://www.beamy.io/
Software Category: SaaS management
About the Company: Beamy offers a SaaS governance platform that detects and controls the entire SaaS environment of its customers and eliminates Shadow IT. Beamy thus helps the CIOs of large companies to regain control of this parallel IT and rebuild effective governance to enable businesses to amplify their digitalization through SaaS while framing it. Beamy's ambition is to make SaaS Governance one of the priorities of large companies in Europe and internationally. Beamy automatically detects SaaS apps used within the organization, including those in Shadow IT. Companies can then manage their SaaS stack, reduce GDPR risks, manage security breaches and optimize growing expenses. Beamy’s mission is to bridge the gap between IT teams and business units and to democratize IT within large organizations.
Source: https://www.beamy.io/resources/press-release/beamy-raises-serie-a/