C5 Capital Eying Cloud Computing Market with a $150 Million Fund

This investment would be used in the cloud computing sector, which is growing at a very fast pace across the globe, especially in North American and European regions.

C5 CapitalGreatResponder.com The C5 Capital firm is targeting to invest in the cloud computing market with at least $150 million fund. It was announced by the company through the official statement today. The company is already positioning itself to invest in the fast growing technology based business, especially in the cloud computing market.

Earlier this month, the company has announced that it has pouched the European head of Intel Capital firm, which is one of the arms of the venture capital of a technology group based in the United States of America. The European head of Intel Capital, Mr. Marcos Battisti will join the company in the month of September 2016. He would be the head of this fund to invest in the domain of cloud computing business across the globe, especially in the European or North American companies.

It was further informed in the official statement of the company that it is the largest fund ever raised in the European region for cloud computing domain of business. This fund will improve the remote services, data storage and internet content of the targeted marketplace.

Earlier, the company has established a partnership with the Amazon Web Services AWS through a Bahrain based capital fund. That fund was mainly developed for the investment in the technology based startup companies in the African and Middle East Area. This fund was originally triggered by that partnership with the AWS to invest in the technology based businesses.

Mr. Marcos Battisti is highly experienced in different projects in the past, such as Sigfox Mobile Connectivity Company France and the Israel based Anobit Semiconductors. Later, the Anobit was acquired by Apple Inc.

This newly developed fund will be utilized in financing startups with a range of $5 to $15 million to develop the next stage of the companies.

While talking about the use of the funds, the chief capital officer of the C5 Capital, Mr. Daniel Freeman in his official statement said, “The cloud computing market remained at an early stage of its growth in spite of the reliance of many internet services on such remote infrastructure. This fund would be looking to back cloud infrastructure and platform providers as well as consultancies. It would have been a huge miss if we didn’t get involved in this market.”

It is important to note that this company is already investing in different cloud based businesses at low level.

Collab9 Certified as First FedRAMP Authorized Cloud Based Utility Service Provider

Collab9 becomes first ever authorized cloud based utility service provider to help fast adoption of cloud based services in the government sector.  

Collab9GreatResponder.com  It was announced through an official statement this weekend that Collab9 company has been certified with the Federal Risk and Authorization Management Program or FedRAMP certificate, which is a standard level of security check made by the government of the United States of America. With this certification, the Collab9 becomes the first of its kind to provide the offer unified communication as a service (UCaaS) through collaborated private cloud platform.

This security certification bestowed to the Collab9 Company is aimed at fulfilling the needs of collaborative communication at different levels of government functioning, such as state agencies, federal agencies and local government bodies. This comprehensive communication service through cloud platform works in tandem with the major communication tools, such as MS Office 365, emails, text messages, voice mails, Skype calls, and others.

While talking about the achievement of this milestone, the CEO of Collab9, Mr. Kevin Schaltze in his official statement said, “We’re elated to be the first and only UCaaS provider to earn the FedRAMP Authorized designation, with the help of the FCC as our sponsor. We can now help federal and government agencies accelerate their cloud adoption, increase their confidence in cloud security, and ensure the application of a consistent set of security standards to their cloud environments.”

It is very critical to note that many big IT giants are trying hard to capture the bigger share in the cloud based services for the government agencies. Collab9 has also built a data center earlier this year, which was in compliance with the government security standards called NIST-800-53. Meanwhile, many other cloud service providers, such as AWS, Azure and others are also trying hard to get more and more business share in the governmental business.

While elaborating the position of cloud business in the domain of government sector, the FedRAMP evangelist, Ashely Mahan said, “As agencies are increasingly using more cloud services, specialized services like UCaaS solutions are gaining greater entry into the federal marketplace. The federal government’s increasing adoption of all types of cloud services will result in many more specialized services coming through FedRAMP, like UCaaS solutions.”

Collab9 offers comprehensive communication solutions via unified communication platform from Cisco Systems. The company is based in Gardena, California, USA.

DataPipe Inc Acquires UK-Based Adapt Cloud Firm

This acquisition aims at the extending of high quality cloud computing services with world class customer support of DataPipe to the European clients.

DataPipe Cloud FirmGreatResponder.com  It was announced by DataPipe Inc through an official press release that it was going to acquire the UK based cloud computing firm Adapt. This announcement was made on Thursday through two press releases – one issued by Adapt cloud firm and the other issued by the DataPipe Inc. The DataPipe Inc is a cloud computing service provider company. The Adapt firm is also an Amazon AWS partner in the UK market.

This acquisition took place after the Brexit poles in June 2016. Many people were so skeptical about the cloud computing business in the UK after its separation from the European Union.  In the press release statement, the financial terms and conditions for this acquisition were not disclosed.

While terming the acquisition of Adapt as a ‘Non-disruptive additions’, the CEO of DataPipe Inc, Mr. Robb Allen in his official statement said, “Adapt and Datapipe both have cultures that focus on proactive, high touch customer service and a commitment to customer-specific solutions designed to meet clients’ individual business challenges. Our similar approach to guiding clients on their cloud journey makes the acquisition a natural fit for us and will increase our scale and service capabilities in the United Kingdom, and the broader European market.”

While talking about the merger of the Adapt Firm in the DataPipe, the CEO of the Adapt, Mr. Steward Smythe in his official statement said, “We are seeing emerging customer requirements for a tactical and strategic presence overseas, so it makes sense for us to advance the UK’s capability in a global market rather than create more bulky domestic organizations. UK-only consolidations in our space can get very messy and can be short-sighted. We have chosen a far more exciting path.”

It is very important to note that many experts in the domain of IT industry have been talking about the future of the cloud computing and data center business in the United Kingdom post Brexit vote. But, their skepticism is proving to be wrong at this moment. For instance, the AWS has recently confirmed that its plans for the UK based data centers will not change and they will be completed as per earlier schedule.

The healthy competitive environment of the UK will further improve in the domain of cloud business with this acquisition.