INSUBCONTINENT EXCLUSIVE:
Israel-based AllCloud, a professional services provider for Salesforce users and businesses who want a bit of help in managing their
application on AWS and Google Cloud, today announced that it has acquired Figur8, another professional services company with a focus on
Salesforce consulting, implementations and development services.
While the two companies did not disclose the price of the acquisition, the
deal was at least partly enabled by AllCloud new $7 million funding round led by the company existing investors and new investors Discount
Capital and Hallett Capital
With this, AllCloud has now raised a total of $15 million.
And to cap things off, AllCloud also today announced that that it is bringing on
Eran Gil, the co-founder of Cloud Sherpas (which was acquired by Accenture in 2015), as its new CEO
The company current CEO, Ronit Rubin, will remain at the company, but become GM of EMEA.
&The acquisition of Figur8 provides us the ability
to better support our customers& digital transformation efforts on a global scale,& said Gil in today announcement
&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 was an early Salesforce partner, so today acquisition strengthens its expertise in this area
What maybe just as important, though, is that this acquisition gives AllCloud a foothold in North America, thanks to Figur8 offices in San
Francisco, New York, Toronto and Vancouver
These will complement the company existing offices in Israel, Munich and Berlin
Figur8 co-founders, Ojay Malonzo and Richard Lockson, who started the company in 2012, will remain at AllCloud as SVP Sales North America
and SVP Delivery North America, respectively.
