Partners to Benefit from Green Cloud Financing Boost

Green Cloud Technologies, the channel-only cloud provider, has received the largest investment in its eight-year history from Goldman Sachs Specialty Lending Group (GSSLG).

The financing package supports Green Cloud’s short-term and long-term growth goals to advance the company’s business model focused on building partner networks and providing customers with servers, backup and recovery solutions. The amount of the financing is not being disclosed.

Charles Houser, Green Cloud’s co-founder and executive vice president of sales and marketing, tells Channel Partners the financing will benefit his company’s partners because “this will mean more product expansion and development for a more robust suite of new security offerings.”

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Green Cloud Ranks No. 649 on the 2017 Inc. 5000, Achieves A Three-Year Sales Growth of 796%

Inc. Magazine Unveils 36th Annual List of America’s Fastest-Growing Private Companies

GREENVILLE, SC (August 16, 2017) – Inc. magazine today ranked Green Cloud Technologies (“Green Cloud”) number 649 on its 36th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. Green Cloud, a 100% channel only, Cisco-Powered cloud provider, was also included in the 2016 Inc. 5000 list, a list that spotlights the most successful independent small and mid-sized businesses in America. Green Cloud achieved an astonishing three-year sales growth of 796% while the average three-year growth rate for companies included on the Inc. 5000 was 481%.

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Ingo And The ‘Kill The Check’ Push (Payment)

Pull. Push. Pay. Might push payments be on the cusp of pushing into the mainstream?

In the first installment of the Ingo Money “Kill the Check” series, the company’s CEO, Drew Edwards, told PYMNTS’ Karen Webster that the age of getting paid on demand — with choices in where you want it and when you want it — may be dawning.

Webster recounted that during a recent stint in jury duty, she’d sat next to a woman who’d been reconciling her checkbook. Despite the adherents to paper-based processes, she noted, there are a lot of people who’d like to be more efficient in making payments, and getting paid.

Push payments may fit the bill, as she and Edwards agreed.

Read more here.