Kaseya, a Dublin-based information technology infrastructure management solutions company, has raised over $500 million in an investment round.

Kaseya secured the new capital from investment firms TPG and Insight Partners.

With the new funds, Kaseya will accelerate its development via additional strategic acquisitions and expansion into global markets.

Additionally, the company will also use the proceeds from the round, which valued it at $1.75 billion, to boost its growth through research and development spending on customer-centric products.