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Josys becomes first Japanese startup to join IMDA Spark Programme

Women's Tabloid News Desk
Women's Tabloid News Desk

Josys, the SaaS and device management platform, proudly announces its participation in the prestigious Spark Programme, spearheaded by the Infocomm Media Development Authority (IMDA) of Singapore. This milestone underscores IMDA’s commitment to catalyzing Singapore’s digital transformation by equipping local enterprises with innovative tools for accelerated progress.

Established in 2022, Josys strategically chose Singapore as its regional hub, recognizing the nation’s rich talent pool and pivotal role in scaling burgeoning businesses. This strategic decision highlights Josys’s dedication to fortifying Singapore’s vibrant tech landscape. Furthermore, Josys aims to bolster its Singaporean workforce by attracting top-tier talent to drive innovation and propel the company’s growth trajectory in delivering cutting-edge IT solutions.

Josys empowers IT teams with comprehensive control over SaaS applications and device inventory, enhancing productivity, governance, and cost optimization. The platform simplifies SaaS management, automates IT tasks, and catalogues hardware and software assets via an intuitive dashboard, significantly enhancing IT visibility. With notable achievements such as securing $32 million in Series A funding in September 2022 and $93 million in Series B funding a year later, Josys now boasts a clientele exceeding 400 and employs over 150 team members globally.

Enrollment in the IMDA Spark Programme signifies more than just recognition; it underscores Josys’s commitment to product quality, security, and financial integrity. Through a rigorous evaluation process, IMDA assessed Josys’s offerings to ensure they meet stringent criteria for innovation, sustainability, and operational excellence. This enrollment not only validates Josys’s capabilities but also assures customers and partners of its reliability and pursuit of excellence.

As a Spark Programme member, Josys pledges to share best practices for SaaS management and governance with Singapore’s burgeoning startup ecosystem, leading enterprise organizations, and a robust network of technology partners. This collaboration will facilitate Josys’s seamless integration into Singapore’s corporate landscape and expedite its expansion into the ASEAN and ANZ markets, advancing its regional presence.

Mr Edwin Low, Director of Enterprise & Ecosystem Development at IMDA, expressed, “We are pleased to welcome Josys to the IMDA Spark Programme. The rapid growth achieved by Josys is testament to their ability to meet the pressing needs of their customers. We are also encouraged by Josys’ commitment to make Singapore as their regional hub, expanding their workforce and bringing new cutting-edge capabilities into Singapore.”

Yasukane Matsumoto, CEO and founder of Josys, remarked, “Our acceptance into the IMDA Spark Programme marks a significant milestone in Josys’ journey. It is a recognition of our innovative spirit and proof of our commitment to excellence. As the first Japanese startup to achieve this recognition, we are eager to set a precedent for others, demonstrating the unparalleled opportunities that exist within Singapore’s tech ecosystem. We are also enthusiastic about recruiting diverse local talent for positions in product development and corporate roles to expand our regional team presence in Singapore.”

With its inclusion in the IMDA Spark Programme, Josys is poised to forge deep connections with technology leaders and IT teams across Singapore and beyond. Josys looks forward to advancing SaaS management practices and assisting organizations in safeguarding their SaaS environments, achieving operational efficiency, and driving business growth.

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