AllCloud Expands Cloud Solutions Provider Business Into

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
83
AllCloud Expands Cloud Solutions Provider Business Into North America with Acquisition, Growth Capital and a New CEO

SAN FRANCISCO, July 24, 2018 (GLOBE NEWSWIRE) -- AllCloud announces its entrance into the North American cloud solutions provider market with the acquisition of San Francisco and Toronto-based Figur8 Cloud Solutions, a Salesforce partner. Financial terms of the deal are not being disclosed. AllCloud has also raised $7 million in new funding, bringing total investment in the four-year old company to more than $15 million. The latest funding round was led by existing AllCloud investors, along with Discount Capital and Hallett Capital.

In related news, AllCloud has appointed cloud solutions provider pioneer Eran Gil to CEO. Gil brings nearly 20 years’ experience in technology and sales to AllCloud, and a proven ability to build a professional services organization from the ground up. Prior to joining AllCloud as Executive Board Director in 2015, Gil was co-founder of Cloud Sherpas, the global cloud solutions provider acquired in 2015 by Accenture. Incumbent AllCloud CEO Ronit Rubin will remain with the organization as GM of EMEA, and Jon Hallett, an early investor in, and CEO of, Cloud Sherpas, has joined the AllCloud Board of Directors. Dr. Shai Weil will remain the chairman of AllCloud’s board.

AllCloud was established in 2014 by Yosi Frenkel and Lahav Savir through the merger of Blat-Lapidot, the first Platinum partner of Salesforce in Israel, and Emind, a Premier Consulting Partner in the Amazon Web Services (AWS) Partner Network (APN) and a Google Cloud Partner. In November 2016, Rubin, who had been Vice President of the Business Division of Partner Communications, joined AllCloud as CEO.

Today, AllCloud offers a wide variety of solutions and services to large and mid-market companies spanning the entire digital transformation lifecycle, ranging from cloud architecture and implementation services to application integration and infrastructure management. The firm maintains high-level collaborations with AWS, Google Cloud and Salesforce in order to help customers choose the cloud platform that is best for them. AllCloud’s team of 200 business consulting and cloud services experts support customers across industries from offices in Israel, Munich, Berlin and Bucharest, and now, through the acquisition of Figur8, from offices in San Francisco, New York, Toronto and Vancouver as well.

AllCloud’s decision to acquire Figur8 was based on its strong foothold and rapid growth into the North American market. Figur8 co-Founders Ojay Malonzo and Richard Lockson worked at Salesforce for many years before starting a company that now totals 40 certified Salesforce professionals. Since 2012, their strong leadership team and focus on long-term customer success has led to hundreds of Salesforce implementations. From technology to financial services, Figur8 has empowered customers in multiple industries to innovate on the Salesforce platform. Malonzo and Lockson will remain with AllCloud as SVP Sales North America and SVP Delivery North America, respectively.

“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,” says Gil. “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.”

Salesforce and others are among the trademarks of salesforce.com, inc.

About AllCloud

AllCloud is a global cloud solutions provider specializing in cloud enablement, from cloud infrastructure to CRM and ERP cloud applications. For the past 4 years the company has been an AWS Premier Consulting Partner and Managed Service Provider (MSP) Partner, and a Salesforce Platinum Partner and holds partnerships with Google Cloud Platform and Oracle-NetSuite. The company is an industry leader in migrating and deploying companies of all sizes, startups to enterprise and public sector, to the cloud.

With over 10 years of experience and a portfolio with thousands of successful cloud deployments, AllCloud holds expertise ranging from cloud architecture, cloud security, DevOps automation, managed services, CRM and ERP customization and integration, 24/7 support and much more. AllCloud is headquartered in Israel with offices in Munich and Berlin, and delivery centres in Israel, Romania and Germany. Contact details: +972.3.93.93.100 or email at info@allcloud.io .

Media contact: Kevin Wolf TGPR (650) 483-1552 kevin@tgprllc.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Dixie Group Gears Up for Q3 Earnings Call Reveal

Updated Category News Views 28

Anticipation Builds for The Dixie Group's Q3 Results Ah, the smell of anticipation in the air—it's earnings season again, folks! For those keeping a keen eye, The Dixie Group, Inc. (OTCQB: DXYN) sets the stage for the big unveil of its 2026 third-quarter results. They're rolling out the red carpet for investors on Thursday, November 12, 2026, at 11:30 a.m. Eastern Time,...

Continue Reading
Solidion Technology's Q3 Results: Strong Cash, EPS Growth

Updated Category News Views 91

Solidion Makes Big Waves with Q3 Financial Performance Hot off the press, Solidion Technology, Inc. (NASDAQ: STI) has released its third quarter 2026 financial results, and let me tell you, it's a breath of fresh air for this advanced battery technology player. Maintaining a robust cash position and showcasing a stark contrast in earnings from last year, the company...

Continue Reading
The Ultimate Brew Launches Nationwide Online Sales

Updated Category News Views 8

From Sprouts Shelves to Nationwide Screens Gary Brecka isn't your run-of-the-mill entrepreneur. With The Ultimate Brew, he's taken his beef with your standard cuppa to a whole other level. Remember the Sprouts Farmers Market stint? Well, that three-week exclusive was the opening act. Now, the main event: The Ultimate Brew is available nationwide through online orders....

Continue Reading
Altman Brothers Expand Luxury Real Estate To Florida

Updated Category News Views 28

Shifting the Luxury Real Estate Landscape If there's one thing you learn kicking around the real estate market for decades, it’s that savvy operators know when to make a move. The Altman Brothers, known for shaking up the West Coast luxury real estate scene, just pulled another trick out of their hats. This time, they're heading east, making waves in South Florida, and...

Continue Reading
First Graphene Taps Deeper into US Defense Market

Updated Category News Views 109

Graphene Making Waves in Defense Fresh off the press, folks. First Graphene Limited is struttin' onto the US defense scene with a repeat order for its PureGRAPH®—a big deal in the realm of electrically conductive inks. The tally comes to around A$35,000 in an order from a longtime American customer. We're talking about inks that print circuits, sensors, and more,...

Continue Reading
Ford Foundation's New Funding Boosts Global Flexibility

Updated Category News Views 94

A Bold New Chapter for Ford Foundation Forget your typical, rigid funding structures; the Ford Foundation is shaking things up. This ain't about just doling out cash and controlling the reigns anymore. Nope, they've pulled the curtain aside to reveal plans for a more agile, empowering approach to sustaining nonprofit partners globally. On the table is a guaranteed 50%...

Continue Reading
Jacobite Steam Train Redefines the Harry Potter Experience

Updated Category News Views 0

Turn Fantasy into Reality: A Ride Unlike Any Other Ever fantasized about stepping right into the pages of your favorite tale? Well, the Jacobite Steam Train gives Potterheads just that: a literal ride through Harry Potter’s world, but in the heart of Scotland. As HBO's fresh take on the Harry Potter series is about to drop this Christmas, the buzz is lining the tracks...

Continue Reading
INDOCHINO Expands into South Jersey with New Showroom

Updated Category News Views 80

Cherry Hill's New Tailored Suit Destination Amidst the hustle and bustle of South Jersey, INDOCHINO has flung open the doors of its latest showroom at Cherry Hill Mall, promising a blend of custom luxury at a palatable price. This ain't just any cookie-cutter suit store — it's the second of INDOCHINO's new concept stores, cooking up something unique for sartorial...

Continue Reading
Silver Oak Sells CCS, Setting Stage for Further Growth

Updated Category News Views 55

Wind Point Partners Acquires CCS: A Strategic Shift All right, let's cut to the chase: Silver Oak just offloaded CCS Facility Services to Wind Point Partners. We're talking about a private equity giant making moves in the janitorial sector. If you find this snoozy, think again. This ain't just about swapping keys of a janitorial firm. It's about money moves and strategic...

Continue Reading
Agilyx's Q3 Update: GreenDot Shines Amid Mixed Results

Updated Category News Views 125

Peeking into Agilyx's Financial Odyssey Just as I sip my morning coffee pondering the highs and lows of the market, here comes Agilyx ASA splashing some liquidity on the scene. The Q3 report paints the company in various shades—from solid greens to hesitant reds. Nothing like the thrill of untangling mixed results over a quiet day, huh? GreenDot's Climb to Profitability...

Continue Reading

Top 5 Most Recently Viewed Articles

MobileOp4 Enhances Safety for Attendees at State Fair Events

Updated Category News Views 268

MobileOp4 Returns to the Texas State Fair with Enhanced Safety Measures MobileOp4 is making a return to the well-attended Texas State Fair, promising an even safer environment for guests in 2025. Following a successful debut last year, the company plans to expand its safety infrastructure significantly. This year, alongside returning medical triage facilities, MobileOp4...

Continue Reading
Coinbase's Q4 Earnings Reveal Growth and Ambitious Future Plans

Updated Category News Views 148

Exciting Q4 Earnings for Coinbase Global Coinbase Global (NASDAQ: COIN) has recently announced its fourth-quarter financial results, showcasing a remarkable performance that highlights the company’s growth trajectory in the cryptocurrency market. Record Revenue and Volumes With fourth-quarter revenue reaching $2.3 billion, Coinbase marked an impressive increase of 88%...

Continue Reading
QuantumScape's Transformative Potential in the EV Landscape

Updated Category News Views 158

QuantumScape Faces Market Challenges Amid Promising Innovations Throughout the recent year, technology companies have been basking in success, until a sudden market correction hit, particularly affecting QuantumScape Corp (NYSE: QS). As a solid-state battery developer, QuantumScape holds significant potential for the electric vehicle sector, yet the company's stock price...

Continue Reading
Swiss Financial Regulator Probes Credit Suisse's Downfall

Updated Category News Views 204

Swiss Financial Regulator Probes Credit Suisse In a notable move within the financial sector, Switzerland's financial market regulator, FINMA, has launched an investigation into Credit Suisse's actions during the chaotic period before its acquisition by UBS. This inquiry will specifically examine the 15 months leading up to the merger, which occurred in March last year....

Continue Reading
ATRenew's Remarkable Q4 and Full Year 2024 Financial Growth

Updated Category News Views 243

ATRenew Inc. Financial Overview ATRenew Inc. (NYSE: RERE), a technology-driven platform specializing in pre-owned consumer electronics, recently shared its remarkable financial results for the fourth quarter and the entire year of 2024. Fourth Quarter Achievements In the fourth quarter of 2024, ATRenew experienced a significant revenue increase of 25.2%, reaching...

Continue Reading