Brisbane-based IT consulting firm and AWS partner Idea 11 has secured an investment from Australian private equity group PieLAB Council Capital.
The companies did not disclose the investment amount but Idea 11 founder and CEO James Kahn said the proceeds will help strengthen the MSP’s brand and position in the Australian IT services market and move closer to its goal of becoming a national MSP.
Idea 11 said the investment was significant but wasn’t necessarily capital backing that drove the decision
“In PieLAB, we found not only an alignment of cultures and personalities but a group of individuals with proven track records in growing significant businesses,” Kahn said.