Zenith Infotech Biz Spins Off, Inks Financing

Zenith Infotech, a publicly-traded company specializing in remote monitoring and management, cloud computing and other technology for IT service providers, has spun off its managed services business, Zenith RMM. The newly independent business has also recently inked a growth equity investment from Summit Partners. As a result, Summit’s John Carroll and Jason Glass will join the Zenith RMM board of directors. Details of the financing were not released.

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