Tag: Cytracom

Categories
Sverica News

Sverica Capital Management Announces Sale of WinWire to NTT DATA

News and Insights

Index

Sverica Capital Management Announces Sale of WinWire to NTT DATA

San Francisco, CA – May 18, 2026 – Sverica Capital Management LP (“Sverica”) announced today that its Fund V portfolio company WinWire Holdings, LLC  (“WinWire” or the “Company”) has entered into a definitive agreement to be sold to NTT DATA. This transaction marks the culmination of a successful five-year partnership with WinWire, during which the Company more than doubled in size, reinforced its position as a leading Microsoft services partner, and emerged as a differentiated provider of AI-led digital transformation services for enterprise customers.

Headquartered in Santa Clara, California, with global delivery centers in India, WinWire was founded by Ashu Goel and Vineet Arora in 2007 with a deep foundation in the Microsoft ecosystem and has evolved its capabilities to help enterprises operationalize AI at scale. The Company brings advanced expertise across Agentic AI, AI on Azure, data engineering, and cloud-native development, providing the foundational capabilities needed to support enterprise AI adoption. With particular strength across the Healthcare and Software & Digital Platforms sectors, WinWire helps customers modernize data environments, deploy intelligent applications, and move AI initiatives from experimentation to enterprise-scale deployment.

WinWire has experienced significant growth since Sverica’s initial investment in April 2021. Under Sverica’s ownership, WinWire further strengthened its go-to-market function through key hires across new business development and alliances, made early investments in AI services and agentic AI capabilities, and strengthened its leadership team and Board with experienced executives and industry leaders. These efforts reinforced WinWire’s differentiated position within the Microsoft ecosystem, with the Company earning numerous industry accolades and partner recognitions, including six Microsoft Partner of the Year recognitions over the last six years and membership in Microsoft’s Agentic Partner Alliance Program.

Frank Young, Managing Partner at Sverica, said, “It has been an absolute privilege to partner with Ashu, Vineet, and the entire WinWire team over the past five years, and we are deeply grateful for the trust and confidence they placed in Sverica. From learning about WinWire’s ‘People First’ culture during our earliest meetings outdoors in the pandemic to seeing the Company’s bold vision to invest early and aggressively in AI come to life, our partnership journey together has been both rewarding and inspiring.  We are excited to see WinWire continue to innovate and lead the market in AI-driven enterprise transformation as part of NTT DATA.”

Ashu Goel, Founder and CEO of WinWire, said, “Joining NTT DATA marks a significant milestone for WinWire and a testament to the incredible work of our team, our clients, and our partners. I am truly grateful to our clients for the trust they have placed in us, to Microsoft for a partnership that has been instrumental to our growth, and to the Sverica team for the unwavering support throughout the journey in helping scale our operations and attract top talent. Together with NTT DATA, we are uniquely positioned to accelerate AI-driven transformation at scale and help our clients unlock the full potential of AI across their enterprises. I could not be more excited about what lies ahead.”

“WinWire’s robust organic growth is firmly rooted in its core values, a testament to Ashu’s leadership and foresight. WinWire’s vibrant culture reflects its ‘People First’ philosophy, the Company’s commitment to ‘Technology Leadership’ is evident in its strategic development of enterprise-grade AI transformation capabilities, and the result has been enduring and expanding relationships with customers and Microsoft. It has been an honor collaborating with Ashu, Vineet, and the WinWire team through a period of meaningful growth, and I look forward to seeing what WinWire can accomplish with NTT DATA,” said Ryan Harstad, Partner at Sverica.

 

About WinWire

WinWire unleashes the Power of Agentic AI to deliver innovative solutions that help our customers gain competitive advantage. WinWire is at the forefront of enabling enterprises in the Healthcare and Software and Digital Platforms (SDP) sectors to embark on a transformative Agentic AI journey.

As a globally recognized, multi-award-winning Agentic AI firm, WinWire delivers a spectrum of AI-led digital transformational services that include:

  • Agentic AI Services – Harness the power of Agentic AI to accelerate the Frontier Firm Journey.
  • Foundational AI Services – Data Estate & BI Modernization for AI-Ready data.
  • Operational AI Services – Manage, optimize, and evolve agents and enterprise applications leveraging Agentic AI systems to reduce costs & enhance agility.

Share This Post

We're Ready to Listen

CONTACT US
Categories
Sverica News

Sverica Capital Management announces the promotions of Michael Dougherty to Partner, Doug Patrican to Principal and welcomes Matt Johnson to the team as a Principal

News and Insights

Index

Sverica Capital Management announces the promotions of Michael Dougherty to Partner, Doug Patrican to Principal and welcomes Matt Johnson to the team as a Principal

Boston, Austin and San Francisco – March 2, 2026 – Sverica Capital Management, a leading growth-oriented private equity firm focused on the lower middle market, announced today the promotions of Michael Dougherty to Partner, Doug Patrican to Principal, and the hiring of Matt Johnson as a Principal. 

Michael joined Sverica’s San Francisco office in 2012 and has over fourteen years of private equity experience.  He focuses on sourcing and evaluating new investments, transaction execution, and portfolio company operations for technology, technology services and software companies.  He graduated from Brown University with a degree in economics.  Michael currently serves as a Board Member at Cytracom, DeFy Security, Four Inc., Gorilla Logic, Raken, and ShadowDragon.

Doug joined Sverica’s Boston office in 2020 and focuses on sourcing and managing healthcare investments. With ten years of private equity experience, Doug is a graduate of Boston College with a degree in economics. He also holds an MBA from the Tuck School of Business at Dartmouth College.  Doug currently serves as a Board Member at Clarest Health, First Stop Health, and SG Homecare.

Matt joined Sverica’s Austin office in January of this year and has over fourteen years of private equity experience.   He will focus on sourcing and evaluating new investments, transaction execution, and portfolio company operations for technology, technology services and software companies.  Matt is a graduate of the University of Minnesota Carlson School of Management. 

Share This Post

We're Ready to Listen

CONTACT US
Categories
Company News

Cytracom Acquires Tentacle to Advance Security Risk Management Capabilities and Empower MSPs as Risk Advisors

Close-up of a man's hands on a laptop keyboard. Concept of the development applications of artificial intelligence, deep machine learning, virtual reality and neural network.

News and Insights

Index

Cytracom Acquires Tentacle to Advance Security Risk Management Capabilities and Empower MSPs as Risk Advisors

McKinney, TX – June 13, 2025 –Cytracom, a leading provider of Secure Access Service Edge (SASE) and Unified Communications as a Service (UCaaS) solutions for Managed Service Providers (MSPs), today announced the acquisition of Tentacle, a modern platform that helps organizations manage cybersecurity assessments, monitor third-party risk, and operationalize Governance, Risk, and Compliance (GRC) programs.

This acquisition represents a significant advancement in Cytracom’s Security Risk Management (SRM) strategy and further aligns with the company’s mission to empower MSPs to grow beyond traditional IT services and embrace a more strategic advisory role, guiding their clients through the evolving discipline of risk management. With increased scrutiny from regulatory bodies and mounting pressure from cyber insurers, MSPs are being called upon to act as true Risk Advisors, helping clients meet compliance mandates and improve their overall security posture. The integration of Tentacle into the Cytracom platform delivers a robust response to this need, offering structured, repeatable, and collaborative tools that make it easier for MSPs to deliver value-added risk and compliance services.

Cytracom entered the SRM category through the acquisition of Telivy, introducing capabilities that enable MSPs to automate risk assessments, deliver recurring compliance documentation, and drive consultative engagements. Tentacle builds upon this foundation by allowing partners to centralize security program data, collaborate in real time with clients and third parties, and map internal practices to industry frameworks such as HIPAA, PCI, and FTC Safeguards. Its platform not only reduces the administrative burden of ongoing assessments but also provides the structure needed to move from one-time reviews to ongoing program management.

“MSPs are increasingly being asked to manage risk as much as they manage technology,” said Zane Conkle, CEO of Cytracom. “This shift creates both a challenge and an opportunity. With the acquisition of Tentacle, we’re giving our partners the platform they need to step into this evolving role with confidence—helping clients navigate compliance, track progress over time, and build programs that stand up to external scrutiny, while also enabling MSPs to clearly demonstrate the ongoing value of their services.”

The rising demand for compliance-focused services is one of the most urgent trends in the MSP channel. SMB clients now face requirements driven by regulatory frameworks, industry-specific mandates, and cyber insurance audits. Tentacle’s ability to organize and share assessment data, manage third-party relationships, and ensure audit readiness positions it as a key component of Cytracom’s vision to simplify and scale SRM and GRC management for the channel.

“This is another step forward in building a complete platform that empowers MSPs to connect the modern workforce—securely, reliably, and within the evolving frameworks of GRC,” said John Tippett, Chief Commercial Officer. “Whether it’s unified communications, secure access, or risk management, our focus remains on making these capabilities accessible, intuitive, and impactful for the partners who deliver them every day.”

By integrating Tentacle into its broader infrastructure software platform, Cytracom continues to deepen its investment in the tools MSPs need to succeed in a risk- and compliance-driven world.

“We’ve been investing heavily in Telivy as a platform for recurring cybersecurity assessments and compliance workflows,” added Rob McDonald, Chief Product Officer at Cytracom. “Bringing in Tentacle’s proven technology allows us to combine their robust architecture with our existing development strategy, resulting in a dramatic acceleration of what we can bring to market. It significantly advances our mission to give MSPs scalable, differentiated tools for security and compliance.”

With solutions spanning VoIP, SASE, and SRM, Cytracom continues to equip partners to deliver critical infrastructure that is secure, scalable, and compliant—all from a single, unified platform built exclusively for the MSP channel.

About Cytracom

Cytracom, a Sverica Capital Management portfolio company, provides critical infrastructure technologies for businesses, delivering cloud-based unified communications and secure networking solutions tailored for managed service providers (MSPs) and small to medium-sized businesses (SMBs). By simplifying complex technologies, Cytracom ensures that businesses remain connected, secure, and resilient in a never-evolving digital landscape. Our solutions, including SRM, GRC, UCaaS, and SASE platforms, are designed to empower businesses with the essential technologies they need to thrive. Headquartered in McKinney, Texas, Cytracom supports partners and customers across North America. To learn more, visit cytracom.com.

Share This Post

We're Ready to Listen

CONTACT US
Categories
Company News

Cytracom Acquires Telivy; Announces Plans to Deliver Advanced Security Risk Management Capabilities for MSPs

News and Insights

Index

Cytracom Acquires Telivy; Announces Plans to Deliver Advanced Security Risk Management Capabilities for MSPs

McKinney, TX — January 14, 2025 — Cytracom, a leading provider of infrastructure software for managed service providers (MSPs), today announced the acquisition of Telivy, marking another milestone in the company’s evolution to deliver a comprehensive technology platform for MSPs. This strategic investment accelerates Cytracom’s expansion into Security and Risk Management (SRM), complementing its established Secure Access Service Edge (SASE) and Unified Communications as a Service (UCaaS) solutions.

The acquisition reflects Cytracom’s commitment to addressing the evolving needs of MSPs through an integrated platform approach. By incorporating Telivy’s technology, Cytracom will enhance its platform with advanced capabilities in Attack Surface Management (ASM) and Data Security Posture Management (DSPM), enabling MSPs to better serve their clients’ security and compliance needs.

“This acquisition represents the next phase in our mission to empower MSPs with comprehensive critical infrastructure solutions,” said Zane Conkle, CEO of Cytracom. “As we continue to evolve our platform, we’re focused on delivering innovations that help our partners effectively communicate cybersecurity value to their clients and ultimately grow their businesses. The addition of Security and Risk Management capabilities addresses a critical need in the market, and we’re excited about the advancements this will bring to our partners.”

The platform expansion will enable MSPs to:

  • Deliver comprehensive security risk assessments and ongoing monitoring through an integrated, MSP-centric approach
  • Streamline security and compliance processes through alignment with industry frameworks such as NIST CSF and ISO 27001
  • Demonstrate security program value through automated, stakeholder-focused reporting
  • Scale their security practice through consolidated tools and unified management workflows

“I founded Telivy with a vision to drive innovation in cybersecurity risk management, making it more accessible and actionable for service providers,” said Naren Sathiya, founder of Telivy. “Joining forces with Cytracom presents an incredible opportunity to accelerate this vision. Their track record of innovation and deep understanding of MSP needs makes them the perfect partner to take this technology to the next level. I’m thrilled to join the Cytracom team, lead this new product category, and continue pushing the boundaries of what’s possible for MSPs looking to manage their clients’ cyber risk.”

Through this strategic investment, Cytracom will expand its platform to help MSPs address the increasing complexities of security risk management. The enhanced capabilities will enable partners to deliver comprehensive security solutions while maintaining the efficiency and scalability that are hallmarks of Cytracom’s approach to serving the MSP community.

For more information about Cytracom and its expanding platform capabilities, visit cytracom.com.

About Cytracom

Cytracom, a Sverica Capital Management portfolio company, provides critical infrastructure technologies for businesses, delivering cloud-based unified communications and secure networking solutions tailored for managed service providers (MSPs) and small to medium-sized businesses (SMBs). By simplifying complex technologies, Cytracom ensures that businesses remain connected, secure, and resilient in an ever-evolving digital landscape. Our solutions, including UCaaS and SASE platforms, are designed to empower businesses with the essential technologies they need to thrive. Headquartered in McKinney, Texas, Cytracom supports partners and customers across North America. To learn more, visit cytracom.com.

Share This Post

We're Ready to Listen

CONTACT US