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Workshare secure $23m in funding

Workshare has secured US$23 million in Series B funding from US-based Steelpoint Capital Partners, Intel Capital and London-based Quester. This capital infusion positions Workshare to extend its reach worldwide by investing in acquisitions, new markets distribution and new service delivery models.

“We sought the dream-team in information security with the operational savvy and global reach required to win in a rapidly expanding market,” said Joe Fantuzzi, CEO & Chairman at Workshare. “Steelpoint, Intel Capital and Quester provide a global network of capital, alliances and experience that will accelerate Workshare to enhance, market, sell and deliver our powerful solutions to new geographies and industries worldwide.”