TA Associates, a global growth private equity firm, has made a majority investment in IGEL, a provider of the next-gen edge OS for cloud workspaces. IGEL also announced that Bill Veghte will join the IGEL board as executive chairman.
“IGEL is the market-leading edge operating system, delivering simplicity with manageability, security, and the flexibility that delivers a richness of experience at a time when customers need these capabilities more than ever before,” said Veghte. “I am pleased to be joining the IGEL Board at such a transformational time for the company and the industry, and to be supporting Jed and the team in accelerating IGEL’s growth.”
Jonathan Meeks, managing director, TA Associates, and Stefan Dandl, principal, TA Associates, will be added to the IGEL board. They will join existing IGEL board members Heiko Gloge, managing partner, and Nicolas Helms, managing partner, Melchers. After handing over the position of IGEL CEO to Jed Ayres last year, Gloge, founder and former CEO of IGEL remains as a minority stake holder. Together with Ayres and the leadership team, they plan to accelerate the company’s growth globally through increased operational and development bandwidth and significant go-to-market investments, including the further activation of channel partners, to assist the wide-spread adoption of IGEL OS across increasingly remote and distributed end-user device estates.
“The world’s digital workers have gone remote and we believe this new paradigm is here to stay. IGEL is at the center of this EUC revolution with solutions that meet the need for secure, simple to manage and cost-effective cloud workspaces,” said Ayres. “With new backing by TA and the experience of Bill to guide us, we believe that we have the resource depth needed to not only capitalize on this exploding global market need but also innovate quickly to remain strategically positioned for the future of edge computing.”