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The DRaaS Revenue Opportunity for MSPs On-Demand Probax Pivots to Innovate:

Probax today announced that International Capital Markets Group (Houston, Texas), Unbundled Capital (Austin, Texas) and Hawk Invest (Oslo, Norway), join the team as investors in the company. 

“International Capital Markets Group, Unbundled Capital and Hawk Invest collectively provide our company with industry wisdom, strategic guidance and access to capital to enable Probax to execute on its aggressive growth strategy.  We see both organic and inorganic opportunities and this investment puts all options on the table for us.” said Tim Smith, Chief Executive Officer and Chairman of Probax.

Randolph Read, President of International Capital Markets Group (ICMG) commented, “We believe Probax has developed innovative and differentiated data protection IP that can be extremely helpful in enabling MSPs to do their job more efficiently - and by extension potentially become more profitable.  Moreover, Probax’s Hive and Scout technologies, can enable its customers to have access to market leading, third party technologies in a vendor agnostic platform.  ICMG is excited to be a part of helping to further develop Probax."

Read the full media release here.