Rencore completes 4 million US$ Series A funding round to accelerate cloud collaboration governance expansion

Rencore, the provider of award-winning software for governing cloud collaboration technology, today announced the completion of a 4 million US$ Series A funding round. Rencore also plans to significantly grow its team and partner distribution channel to cement its place as the leader in the cloud collaboration governance space. Such growth enables Rencore to meet the high demand for software that creates full visibility across all Microsoft 365 services, automates mundane tasks, and saves costs across the business. I am very much looking forward to working with Christian Siegele and the team on becoming the next German start-up success story in their portfolio.” “Capnamic appreciates our standing as the leader in cloud collaboration governance,” said Torsten Mandelkow, CTO and Co-Founder of Rencore. All portfolio companies can rely on Capnamic’s unique network of global investors and industry partners, as well as hands-on support, mentoring and knowledge exchange.