News and Announcements
Cloud DC secures $1M in Funding
- Published March 27, 2014 12:44PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Press Release, 27 March 2014, by Steve Robinson, Chief Executive Officer
A private consortium has made a cornerstone investment of $1M in Cloud DC, as a part of the current series ‘A’ capital raising exercise. This will provide Cloud DC with working capital to continue on the path of becoming the market leader in Cloud delivered ICT as a Service (ICTaaS) office solutions via its flagship product OfficeBox.
This investment validates that Cloud DC has a unique market offering and should please the existing ‘seed investors’ that their faith in Cloud DC and the journey we are undertaking has now been shared with other, more seasoned investors.
OfficeBox will transform the way ICT is delivered to the business and its users. No longer will it be a highly complex technical challenge that requires highly trained, highly paid IT personnel, but rather it will become an easy to manage web procurement exercise that any general administrator can perform.
The roadmap of future developments within OfficeBox will soon see the launch of what we believe to be the world’s first fully integrated soft pbx (voice platform) within a cloud hosted ‘Desktop as a Service’. In addition, Cloud DC will launch an OfficeBox Lite version specifically for the residential and small office home office (SOHO) user. Both of which are currently in our Beta trial environment.
“It is game on for Cloud DC now, we are starting to get the investor backing that this technology deserves. OfficeBox is a disruptive game changer, and consumers of ICT have always had to accept the way ICT has been sold to them. Now they have a choice, have your office ICT delivered to you as an enterprise grade of service, anywhere, any time and on any device on a ‘pay as you go’ model at a price that can be easily afforded ”, Steve Robinson, CEO of Cloud DC said.
The series ‘A’ capital raising is still underway with Cloud DC talking to a number of other serious investors.
About Cloud DC
Cloud Data Centre Ltd (Cloud DC) is focused on delivering ‘the next generation of business computing’ to meet the market demand for cloud based solutions. Cloud DC’s aim is to be the cloud service provider of choice to the business market (B2B) that delivers the entire IT environment for our clients. The OfficeBox solution now delivers an enterprise level of service that traditionally has been out of reach for most because of the cost. Cloud DC’s current go to market strategy here in Australia is through a network of resellers whose customers should be able to focus on doing what they do well in their business and not be burdened with maintaining the IT resources it requires.
For further information contact:
Steve Robinson
CEO
Cloud DC
[email protected]
+61 412 433 297
Company Updates
Built on discipline, not complexity: inside an ASX equities income strategy
Haydn Froggatt and Zac Brabin have decades of derivatives experience between them and access to almost any strategy in the market. They use two of the simplest structures available, and wrote 202 positions with them last year. Published by Fairway Capital Management. Based on an interview with co-founders Haydn Froggatt and Zac Brabin. Two traders, […]
BlackRock has named the next Economy. What this latest paper means for Private Market Investors.
BlackRock has put a name on something the smart money has been circling for two years. Its digital assets research team calls it the machine-native economy. The thesis fits in one line. AI is machine-native intelligence. Digital assets are machine-native money. Both are built on the same architecture, and they are converging into a single […]
Where’s the beef? Blackstone just answered the AI question.
In 1984, a fast food ad asked a question that became a catchphrase. Where’s the beef? Jon Gray, President of Blackstone, used that line this month in front of global LPs. It is the question every capital allocator is asking about AI. Trillions of dollars are going into chips, data centres and power. That is […]
Backed By Leading Investment Groups and Family Offices
