Impero Announces Further Investment to Accelerate Growth
Austin, TX, Jan. 27, 2020 – Impero Software is delighted to announce further investment of almost 6 million pounds (or just over 7.8 million U.S. dollars) from existing shareholders after the company had a record year for sales. Following its acquisition in 2017, Impero reached a number of milestones — announcing a series of product releases, opening a U.S. office in Austin, Texas, establishing a sales operation in the UAE and hiring a number of senior executives to bolster its management team. This funding will be used to accelerate projected growth in the UK, U.S. and international schools market, and to continue to develop Impero’s product suite.
“We are seeing an unprecedented demand for Impero’s products from a number of regions across the globe,” says Justin Reilly, Impero CEO. “In particular, there has been increased interest in our safeguarding tools as schools take more responsibility for the mental health and wellbeing of their students. The pace of change in technology is increasing, and young people are being exposed to greater and greater risks. This alarming trend has resulted in a growing number of schools, and school districts, turning to Impero as a vital tool to help provide for the safety and protection of young people.”
Reilly goes on to say, “Our device management and learner wellbeing tools are used in schools across 1,000 U.S. school districts and we are a market leader in the UK. This investment will, in part, be used to make key hires in these core territories, as well to accelerate growth in new target markets. 2020 will also see major enhancements to our cloud solutions and an acceleration of our product roadmaps. The feedback from key customers on our new designs has been overwhelmingly positive and we are keen to get it into the hands of teachers and parents as quickly as we can.”
Impero Software offers remote monitoring and management software, relied upon by education establishments around the world. Founded in 2002, Impero Software is now accessed by over 2 million devices in over 90 countries.
Impero’s cutting edge EdTech software consolidates a range of powerful classroom, network and device management features enabling schools and colleges to reduce costs and improve both staff and student productivity. Impero’s sophisticated online safety functionality uses keyword detection technology, monitoring and reporting tools to help schools safeguard students online and offline. For more information visit: www.imperosoftware.com.