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AvePoint lands $200M investment to expand market for Microsoft cloud governance tools

While Microsoft cloud services such as SharePoint, Microsoft Teams and Office 365 are used widely by large organizations, the products don’t come standard with an enterprise-grade control layer.

Specifically, it provides a set of governance and migration services for Microsoft SharePoint, Teams, Office 365 and other Microsoft SaaS products.

First of all, it provides a policy layer on top of Office 365, Microsoft Teams and SharePoint to give companies the ability to enforce usage rules across these products.

Overall, it is helping to protect 7 million Microsoft cloud service users around the world, but it has a long-term, rather ambitious goal of adding more than 40,000 new customers.

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