SaaS Company iLobby Raises $100 Million in Series B Funding

iLobby, a software as a service (SaaS) company that provides visitor management solutions, has raised $100 million in a Series B funding round led by Insight Partners, with participation from existing investors, including Omeros Corporation, Origin Ventures, and Intact Ventures. This latest funding round brings the company’s total funding to over $120 million masstamilan.

iLobby’s visitor management software is used by organizations to manage visitor access, enhance security, and comply with regulatory requirements. The company’s solutions include visitor pre-registration, identity verification, and check-in/check-out processes, which are all designed to provide a seamless and secure experience for both visitors and employees myvuhub.

With the rise of remote work and the increasing need for contactless solutions, iLobby’s visitor management software has become an essential tool for organizations. The company’s solutions are used by a wide range of industries, including healthcare, education, government, and manufacturing.

In a statement, Ariel Mashiyev, CEO of iLobby, said, “We are excited to partner with Insight Partners, a leading software investor, to accelerate our growth and expand our reach globally. This funding will enable us to invest in our product development, expand our sales and marketing efforts, and enhance our customer support capabilities teachertn.”

The funding comes at a time when the visitor management market is experiencing rapid growth. The market is expected to reach $2.3 billion by 2026, according to MarketsandMarkets. iLobby’s latest funding round highlights the growing interest in the sector from the investment community.

In addition to its funding, iLobby has also recently announced a partnership with IDEMIA, a global leader in identity management solutions. The partnership will allow iLobby to integrate IDEMIA’s identity verification solutions into its visitor management software, providing customers with an additional layer of security pagalsongs.

The partnership with IDEMIA is part of iLobby’s broader strategy to enhance its security capabilities and provide customers with the most comprehensive visitor management solutions on the market. The company is also investing in artificial intelligence and machine learning to improve its predictive analytics capabilities and provide customers with real-time insights into visitor behavior yareel.

In conclusion, iLobby’s latest funding round is a significant milestone for the company and the visitor management industry as a whole. The $100 million funding will enable the company to expand its product offerings, invest in its technology, and enhance its customer support capabilities. With the continued growth of the visitor management market, iLobby is well-positioned to capitalize on the increasing demand for contactless solutions and provide customers with the most comprehensive visitor management solutions on the market. The partnership with IDEMIA is also an important step in the company’s strategy to enhance its security capabilities and provide customers with the highest level of protection. As the market for visitor management solutions continues to grow, companies like iLobby will play an increasingly important role in shaping the future of the industry.

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