Vista Equity Partners to invest in BetterCloud.

Vista Equity Partners, an American investment firm, agreed to invest in BetterCloud, an independent software vendor based in New York. Financial terms were not disclosed. "From day one, we've been laser focused on enabling companies to adopt best-in-breed SaaS applications in a secure and scalable way. This investment is a major milestone in that journey, and one that will allow us to continue to define and lead the SaaS Management category now and in the future. Vista is the perfect partner for BetterCloud given their tremendous experience and track record of investing in the best SaaS companies in the world, and their keen understanding of the value behind SaaS management. Together, we will continue to deliver on the promise of 'zero touch' SaaS management and elevate the role of IT in enterprises around the world," David Politis, BetterCloud CEO.