Acquisition Boosts Green Cloud’s Capacity and Enhances Security and Compliance for the Cisco-Powered Cloud Provider
Green Cloud Technologies (“Green Cloud”), a 100% channel only, Cisco-Powered cloud provider, has closed on the acquisition of Atlanta-based Cirrity, a channel-only cloud solutions provider. Debt and equity financing was provided by Green Cloud’s existing investors, and the transaction is immediately accretive for the Greenville, SC-based company, giving their entire partner network more capacity, security and redundancy for cloud solutions.
Green Cloud provides custom wholesale and white label cloud solutions to a network of 400 reseller partners, and the acquisition expands Green Cloud’s capacity and data center presence, particularly on the west coast, while adding core expertise around security and compliance services.
In addition to the expanded security and compliance portfolio, Green Cloud partners will directly benefit from the addition of Cirrity’s data centers in Atlanta, GA and Phoenix, AZ, which meet top industry security standards and certifications, including PCI and ISO 27001.
According to Shay Houser, Founder and CEO of Green Cloud, “This important acquisition creates new opportunities for security and compliance solutions that complement our products in the healthcare and financial vertical markets. Cirrity’s “channel-only” strategy fits lockstep with our go to market strategy and, combined, we believe we are now the largest independent channel-only cloud IaaS (Infrastructure-as-a-Service) provider in the country.”
Green Cloud Technologies was founded in 2011 by Houser and several C-level telecom veterans who have worked tirelessly to strengthen the company’s expansive suite of Cisco Powered, cloud-based products, services, and support. In 2016, Green Cloud was ranked 73rd on Inc. Magazine’s 35th annual Inc. 5000, the most prestigious ranking of the fastest-Growing private companies. Green Cloud also received recognition in 2015 as the #1 SC Fastest Growing Company, an annual competition of the 25 most dynamic and successful companies in South Carolina.
“Cirrity is excited about joining proven success from the strong leadership team at Green Cloud, which has visionary telecom and cloud technology veterans committed to bringing the best and most secure cloud solutions to customers,” said Dan Timko, Cirrity’s former President, and now Green Cloud’s CIO. “Like Green Cloud, we built our business on strong vendor and partner relationships and together, we are driven by a commitment to bring the best cloud solutions offered today.”