Cloud Sherpas, approved an Atlanta based provider of managed Google Apps, recipe has raised an additional $1.6 million in funding in a new round led by Syncarpha Capital, hepatitis Vento Security Holdings and Hallett Capital (Â investmentÂ entity of Cloud Sherpasâ€™ CEO, Jon Hallett).
ATLANTA, GA â€“ November 3, 2010 â€“ Cloud Sherpas, a leading provider of Managed Google Apps Solutions, today announced that it has secured $1.6 million in Series A-1 financing. The round was led by Syncarpha Capital, Vento Security Holdings and Hallett Capital, the investment vehicle of Cloud Sherpasâ€™ CEO, Jon Hallett. Cloud Sherpas has migrated over 600,000 enterprise users to Google Apps. Additionally, Cloud Sherpas software is in use at over 8,000 companies representing more than 1.5 million Google Apps users.
Google Apps is now used by over three million businesses and thousands more sign up every day, according to industry data. Adoption is being driven by the accelerating scope of Googleâ€™s enterprise cloud offerings, the demonstrated ROI achieved by those businesses who have â€œgone Googleâ€ and the proven integration and software enhancement capabilities of solution providers like Cloud Sherpas.
Cloud Sherpas will use the new capital to accelerate adoption of Google Apps across major industries. Retail, manufacturing, high-tech, real estate, healthcare and government have been particularly fertile markets. Cloud Sherpas recently closed enterprise deals with companies including Baird & Warner (one of the oldest residential real estate brokerages in the nation), Jasonâ€™s Deli (a leading southeastern US restaurant chain), LifeWay (120-year old non-profit Christian resources retailer), Carroll Hospital Center (Westminster, MD hospital) and 22squared (one of the largest independent ad agencies in the US). Demonstrating exceptional value and service to its client base, Cloud Sherpas has realized an industry-leading 0% lifetime churn in annual software license renewals.
These and other enterprises are benefiting from Cloud Sherpas expertise migrating users from on-premise platformsâ€”like Microsoft Exchange, IBM Lotus Notes and Novell GroupWiseâ€”to the cloud with Google. Implementation sizes range from 75 users to 75,000, with average deployments of around 2,000 seats. As well, customers are aggressively leveraging Cloud Sherpasâ€™ proprietary SherpaTools application. Currently the top IT admin tool in the Google Apps Marketplace and one of the â€œOriginal 50â€ apps in the store, SherpaTools is used by over 8,000 companies in 85 countries, with more than 1,200 domains being added every month.
Cloud Sherpasâ€™ proven intellectual property, coupled with deep industry expertise and best practices gleaned from hundreds of Google Apps implementations, has been key to accelerating cloud migration, cloud integration and cloud management for enterprises, according to Hallett.
â€œPartnering with Cloud Sherpas represents the highest value, highest success rate option for enterprises large and small,â€ said Hallett. â€œWeâ€™ll use the additional funds to expand our software portfolio so that clients can fully maximize the Google Apps platform. The capital will also allow us to expand our services capability to provide enhanced 3rd party integration to Googleâ€™s software stack. Weâ€™re excited to welcome new investors and we look forward to accelerating successful market adoption of Googleâ€™s enterprise cloud offerings. â€
Cloud Sherpas announced Series A funding of around $1M in May 2010. The company has now raised close to $3M in funding.
About Cloud Sherpas
Cloud Sherpas (www.cloudsherpas.com) is a cloud computing systems integrator and application developer. As a Google Apps Authorized Reseller and leading Google Enterprise partner, we have migrated hundreds of thousands of users from legacy, on-premise messaging systems to Google Apps and Google App Engine, helping organizations adopt cloud computing to innovate and dramatically reduce their IT expenses. SherpaTools for Google Apps (www.sherpatools.com) is a free app from Cloud Sherpas that enhances the functionality and ease-of-use of Google Apps for both administrators and end-users.