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 Channel Futures

Strategy


Google Partner Cloud Sherpas Lands $1.6M Of Financing

  • Written by Matthew Weinberger 1
  • November 4, 2010
As you may guess from the name, Cloud Sherpas has built its business around leading enterprises from legacy deployments to the cloud- specifically, to managed Google Apps cloud productivity solutions. It's a business model that's garnered them some attention from VCs, with Cloud Sherpas announcing that they've completed a $1.6 million round of Series A-1 financing.

As you may guess from the name, Cloud Sherpas has built its business around leading enterprises from legacy deployments to the cloud- specifically, to managed Google Apps cloud productivity solutions. It’s a business model that’s garnered them some attention from VCs, with Cloud Sherpas announcing that they’ve completed a $1.6 million round of Series A-1 financing. The VAR Guy sees it as a potential vote of confidence in the future of Google Apps. Here’s the scoop.

Cloud Sherpas’ press release claims that 3 million businesses are already on the Google Apps platform, with customers signing up in the thousands every day. Why? High ROI and low TCO thanks to the lack of a hardware investment — and the migration and functionality enhancing services of Google resellers like Cloud Sherpas themselves.

And now Cloud Sherpas is going to use the money to enhance their presence and drive further Google Apps adoption in verticals like retail, manufacturing, high tech, healthcare, government, and real estate, according to their press release. The company already has their SherpaTools Google Apps administration tool and experience with deployments between 75 – 75,000 seats — they say that they just need to make an organized push into those new markets.

When Microsoft announced the Office 365 suite would be replacing BPOS, it became the talk of the IT channel. While no one was counting Google Apps out by any stretch of the imagination, it’s good to see that VCs still see the cloud suite as competition worth funding. It’s worth noting, however, that one of the investors leading this round was Hallett Capital, the investment vehicle of Cloud Sherpas CEO Jon Hallett.

Stay tuned for further updates from the Google vs. Microsoft front as well as from Cloud Sherpas.

Sign up for The VAR Guy’s Weekly Newsletter, Webcasts and Resource Center. Follow The VAR Guy via RSS, Facebook and Twitter. Follow experts at VARtweet. Read The VAR Guy’s editorial disclosures here.


Tags: Cloud Service Providers Digital Service Providers MSPs VARs/SIs Cloud Strategy

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