AllCloud, an Israeli cloud solutions organization, has declared that it is acquiring San Francisco and Toronto-based Figur8 Cloud Solutions. With this acquisition, AllCloud has entered into the North American cloud provider market.
AllCloud also raised $7 million up in new subsidizing, bringing total assets to more than $15 million. The funding round was led by existing AllCloud investors, together with Discount Capital and Hallett Capital.
AllCloud, a cloud solutions company wasestablished in 2014 by Yosi Frenkel and Lahav Savir through the merger of Blat-Lapidot, the first Platinum accomplice of Salesforce in Israel and Emind, a Premier Consulting Partner in the Amazon Web Services (AWS) Partner Network (APN) and a Google Cloud Partner.
AllCloud offers a range of services right from cloud design and execution services to application integration and framework management for large and mid-market organizations, bridging the whole digital transformation lifecycle.
Service expansion in North America
The firm keeps up high level associated efforts with Amazon Web Services, Google Cloud and Salesforce in order to enable clients to pick the cloud platform that is best for them. With the team of 200 business consulting and cloud service specialists, AllCloud bolster clients across ventures, from workplaces in Israel, Munich, Berlin and Bucharest, and now, through the acquisition of Figur8, its services have expanded to offices in San Francisco, New York, Toronto and Vancouver also.
Eran Gil, CEO of AllCloud stated, “There is a large and growing appetite among the world’s largest companies for comprehensive digital transformation, and these organizations desperately need the business and technical support and implementation and change management expertise of experienced partners. The acquisition of Figur8 provides us the ability to better support our customers’ digital transformation efforts on a global scale. The new capital provides us the flexibility to grow organically or, if we prefer, through more acquisitions. With a seasoned management team and plenty of resources, AllCloud is in a very strong position to serve our customers wherever and however they need us.”
AllCloud’s decision to acquire Figur8 was its strategy to enter into the North American market and rapidly expand its services across North America.