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Kaseya<\/a>, a global IT and security management software provider based in Miami, today announced it has completed its acquisition of\u00a0Datto<\/a>\u00a0for $6.2 billion, representing a share price of $35.50.<\/p>\n Datto, which has about 1,700 employees and provides backup and disaster recovery service for IT managed service providers,, will continue to operate as an independent brand based in Norwalk, Conn. Kaseya plans to retain the imployees.<\/p>\n \u201d We bought Datto because we think they\u2019re awesome \u2013 their world-class products, highly regarded brand, innovative culture and amazing people \u2013 we have no intention of messing up any of that,\u201d said Kaseya CEO Fred Voccola in a statement. \u201cWe will build on what they created so, in the end, [managed service providers] will get the maximum value from their solutions at an affordable price.\u201d<\/p>\n Kaseya said the price for Datto\u2019s products will be reduced by an average of 10% for new purchases.<\/p>\n Kaseya, established in 2000, provides unified IT and security management software for IT professionals in managed service providers and mid-market enterprises. Prior to the acquisition, it has about 2,000 employees in 14 U.S. offices, plus one location in Canada, 10 in Europe and five in the Asia-Pacific region.<\/p>\n Last month, Kaseya signed a lease to expand into 42,872 square feet on the top three floors of 800 Brickell<\/a>, adding to several office spaces it has nearby. Kaseya, with offices in more than 20 countries and more than 2,000 employees globally before the acquisition, has plans to hire 500 additional employees for its Miami HQ, Voccola said in May.<\/p>\n Material\u00a0Bank<\/a>, the world\u2019s largest marketplace for architectural, design, and construction\u00a0materials, has acquired \u00a0Architizer<\/a> based in New York City.\u00a0Material\u00a0Bank\u2019s acquisition of the platform and database of architectural projects links Architizer\u2019s design resources with\u00a0Material\u00a0Bank\u2019s specification tools, empowering the industry to work more effectively and efficiently by simplifying design decisions.\u00a0<\/p>\n Terms of the deal were not disclosed. However, Material Bank last month secured $170 million in growth capital<\/a> \u2013 its sec second mega-round in a year \u2014 bringing the Boca Raton-based company\u2019s valuation to $1.9 billion. At the time, the company signaled strategic acquisitions were in the plans.<\/p>\n Currently led by CEO David Weber, Architizer has since established a strong global brand, an engaged community of more than 900,000 registered users, 335,000 architects, and 25,000 firms, and an expansive database of more than 3 million architectural images from 86,000 inspirational projects, showcased alongside building products from 31,000 manufacturers. Architizer will continue to operate independently as a subsidiary of\u00a0Material\u00a0Bank\u00a0led by David Weber.\u00a0<\/p>\n \u201cWith an incredibly powerful database that provides seamless, curated access to building product information, Architizer allows for creativity and meaningful connections,\u201d said Material\u00a0Bank\u2019s Founder and CEO Adam I. Sandow. \u201cArchitizer has built an extraordinary business with a team devoted to innovation in the architecture community\u2014this acquisition will benefit both our users and Brand Partners, and together we will build an even more comprehensive platform for the industry.\u201d<\/p>\n I know Daniel mentioned this to you on Friday, but\u00a0Endeavor\u00a0Miami\u00a0just announced three new board members. Each woman brings something different to the table. Let me know if you would like to set up a call with any of them. Have a great week! -Lauren\u00a0<\/p>\n Julia Figueiredo, Jessica Mindich and Anshu Motwani will join the board bringing their own individual experience and expertise\u00a0<\/em><\/p>\n Endeavor Miami\u00a0recently announced that Julia Figueiredo, Jessica Mindich and Anshu Motwani have joined\u00a0Endeavor\u2019s\u00a0Miami\u00a0Board of Directors.\u00a0Endeavor\u00a0\u00a0Miami\u00a0now has a total of 17 board members, including many high-profile leaders and executives in business.<\/p>\n \u201cWe are thrilled to welcome such a strong group of women to the board of\u00a0Endeavor\u00a0in\u00a0Miami,\u201d said Claudia Duran, managing director of\u00a0Endeavor\u00a0in\u00a0Miami. \u201cEach one brings something different to the table, adding tremendous value as well as a unique perspective to the team.\u201d\u00a0<\/p>\n Black and brown small business owners face challenges accessing government contracts to grow and sustain their businesses. \u00a0The South Florida Anchor Alliance, a new collaboration between 19 local healthcare, educational and government organizations, seeks to change that. Together they are backing the creation of a one-stop shop web portal that small business operators will be able to use starting in September to learn about and secure government contract opportunities in South Florida for their goods and services, the Miami Herald reported.<\/a><\/p>\n The Health Foundation, a South Florida nonprofit, will provide $1.2 million to help alliance members get the online portal going. The 10 anchor community stakeholders in the group, including Miami-Dade County, Broward County and the University of Miami, among others, last year purchased a combined $8 billion worth of goods and services from vendors nationwide.<\/p>\n How it will work: The 10 anchor members of the alliance will share their pool of vendors via the online portal, so small business owners can easily access contracts and resources. The technology will connect each government contract opportunity with a small business owner based on company information the small business owner shares on the alliance\u2019s online portal. Read more in the Miami Herald here<\/a>.<\/p>\n Two technology companies, including San Franicsco-based Ripple are setting up offices in the Class A Gateways of Wynwood, home of OpenStore and other companies.<\/p>\n San Francisco-based Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs, a US-based technology company. With 15 offices in key technology and financial centers around the world, this will be the payment company\u2019s first South Florida office. The company has more than 500 employees. Ripple will move into a 6,500-square-foot space.<\/p>\n Spearmint Energy, a renewable energy startup based in Miami that launched this year, is comprised of experienced energy professionals who combine innovative, cutting-edge financial hedging solutions and insight to bring projects to market that reduce waste while increasing affordable, long-lasting, grid-scale renewable energy\/ Spearmint will occupy 3,500 square feet and the office will be its headquarters.<\/p>\n Helbiz, a micro-mobility player that has expanded into South Florida, plans to acquire Wheels, a leading last-mile, shared electric mobility platform using proprietary vehicles with integrated helmet technology. The acquisition is subject to standard closing conditions and is expected to close by year-end.<\/p>\n \u201cThe shared vision and purpose of Helbiz and Wheels makes this combination a perfect match,\u201d said Helbiz CEO and Founder Salvatore Palella. \u201cBoth companies began with the goal of changing how people move through their communities while lessening their dependence on climate-harming transportation options. From a strategic perspective, this acquisition is expected to double revenue, expand the cities served, enhance margins, and reduce costs.\u201d<\/p>\n Helbiz currently has 50 licenses to offer micro-mobility vehicles across the United States and Italy, utilizing a diverse fleet of e-scooters, e-bikes, and e-mopeds available for rent via the Helbiz app. Wheels was founded in 2018 and is led by veterans of the micro-mobility and shared transportation industries including Zipcar, Bird and Uber.<\/p>\n In March,\u00a0Miami-Dade County launched its first scooter pilot program,<\/a> starting in the Greater Dadeland area, and is using Helbiz. The cities of Miami and Miami Lakes also using Helbiz as a micromobility provider. The company touts its scooter safety features<\/a>, such as attached helmuts and helmut selfie requirements.<\/p>\n Got news? Let us know. Follow Nancy Dahlberg on Twitter @ndahlberg and email her at\u00a0ndahlbergbiz@gmail.com<\/a><\/em><\/p>\n I am a writer and editor with extensive media experience and a passion for journalism and serving the community. Most of my career has been spent with the Miami Herald in business news, and my expertise is writing about tech and entrepreneurs. I love hosting this blog for Refresh Miami and we aim to be the go-to site for South Florida startup and tech news, features and views. Have news? Contact me at ndahlbergbiz@gmail.com. Thanks for reading!<\/p>\n<\/div>\n<\/section>\n2<\/strong><\/h2>\n
Material\u00a0Bank\u00a0acquires Architizer in strategic expansion<\/strong><\/h2>\n
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Endeavor Miami\u00a0appoints 3 new board members<\/strong><\/h2>\n
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South Florida Anchor Alliance forms to help minority small businesses access government contracts<\/strong><\/h2>\n
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San Francisco\u2019s Ripple setting up shop in Wynwood<\/strong><\/h2>\n
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Micromobility deal: Helbiz to acquire Wheels
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\u00a0Opportunity knocks<\/strong><\/h2>\n
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