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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