Green Cloud Raises $1.3 Million through Sale of Series A Preferred Stock
January 10, 2012
GREENVILLE, SC – January 10. 2012 – Green Cloud Technologies, a Cloud-based technology solutions provider headquartered in Greenville, SC, has raised $1.3 million through the sale of its Series A preferred stock. The funding has enabled the company to build out its FlexPod infrastructure, a highly scalable architecture built around the industry-leading platforms of Cisco, NetApp, and VMware. Green Cloud has also deployed its Virtual PBX solution based on the Broadsoft platform, delivering advanced PBX functionality to small- and medium-sized businesses.
In addition to the Series A funding, the company has closed on a $300,000 bank lending facility, furthering strengthening Green Cloud’s position in the Cloud technology space.
The company will raise additional funds in the spring of 2012 to expand its sales and marketing presence in markets across the U.S.
About Green Cloud Technologies.
Headquartered in Greenville, SC, Green Cloud Technologies is a Cloud solutions provider for small and medium-sized businesses. Backed by world-class data center facilities and industry-leading platforms such as BroadSoft, VMware, NetApp, and Cisco, Green Cloud delivers managed IT and telecom services that include virtual server, virtual PBX, unified communications, and business continuity solutions. Led by a team of industry veterans that helped found NuVox Communications, Green Cloud will help small and medium-sized businesses use the Cloud to increase productivity, improve performance, and manage technology costs. More information may be found at gogreencloud.com.
