| Our Purpose
We are proud to announce the launch of ConnectWise Capital. The new initiative will incubate innovative solutions to be sold exclusively through the IT channel.
ConnectWise Capital will target emerging products and services that create market advantage and new opportunities for our partners and the IT Nation. We have earmarked $20 million for this venture, a significant commitment in the current economy. In addition to funding, we will bring our 28 years of experience in the channel to assist these companies to become leaders.
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Our co-founder David Bellini will manage ConnectWise Capital Investments.
"Making these investments is another way ConnectWise can nurture and empower innovative suppliers to the IT Nation," said Bellini. "We will be introducing our partners to new and unique companies that will help strengthen their businesses by creating new market opportunities for them.
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"ConnectWise PSA is becoming the de facto Business Operating System for the IT Channel," Bellini continues. "Our commitment to simple and powerful integration has been embraced by over 300 companies who use our APIs to integrate into ConnectWise. This gives our partners a significant number of choices and significant flexibility to select and deliver offerings for their clients. ConnectWise Capital will further expand these choices with companies that are pure channel plays."
Investment Objectives
ConnectWise pioneered the lT Industry's leading application for professional service automation (PSA). Now we are redefining PSA. In doing so we WILL ensure the success of the IT Nation, (our term for next-generation MSPs, VARs and solutions providers).
This capital fund is intended to help empower the channel to take control of its destiny.
Our Principles
- Do Good. We have one simple rule for ConnectWise. "Do Good". We are looking after the IT Nation. We are giving back to help, and with any luck we will also benefit from "Doing Good".
- Win-Win-Win. If an innovation benefits the IT Ecosystem and is Channel Exclusive, we think it can "Do Good". We look for the Win-Win-Win constellation; an innovation that lets the end client Win, while making SURE the IT Nation Wins and has the potential to let ConnectWise Win. We are at the END of the line, so if we don't accomplish the first 2 Wins we don't get a Win.
- Funding. The ConnectWise Co-founders Arnie and David Bellini have been building a "war chest" for 28 years. It's all our funding, no debt, no outside help. Both Bellini's are CPAs, so our Balance Sheets do look good. We also happen to be frugal.
- APIs, Think MORE not less. We are exposing more of our APIs and enhancing those APIs for our Integration Partners. We won't disadvantage any current or future Integration Partner regardless of where ConnectWise Capital invests funds. It's about more choices, not less. Microsoft's mistake was closing down their APIs to advantage themselves. Bad idea, we are doing the opposite. Our funding will sharpen those APIs and those will be available to EVERYONE. We have a great API track record and roadmap. Here it is:
- Invoice API: delivered Nov/09
- Opportunity API: released Nov/09
- MSP API: is being significantly expanded and delivered in 30 days
- Marketing API: due out April/10
- Project API: coming Q3/10
- Configuration API: coming Q3/10 ... you get the picture.
- Eye on the Ball. ConnectWise PSA is the central focus of all of our strategies. The ConnectWise PSA Business Operating System is the platform for everything we are building.
To view the press release, click here. To contact us, click here to send us an email
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