Ajubeo Acquired by Grey Mountain Partners

Published On May 4, 2012 |

Ajubeo, a Boulder, Colo.-based provider of cloud infrastructure-as-a-service technology, has been acquired by private equity firm Grey Mountain Partners, through its affiliate Infrastructures Investors LLC.

The amount of the funding was not disclosed.

Co-founded by CEO Chuck Price and CTO Tom Whitcomb, Ajubeo provides high-performance, cloud infrastructure-as-a-service, with current and planned cloud hub locations in Denver, New York, and London. Its cloud infrastructure, which is built on the latest enterprise and carrier-class technology from VMware, NetApp, Fortinet and other hardware vendors, is designed to provide customers with on-demand access to storage, compute, network and security resources as part of their own virtual private data center.

According to Jason Urband, Senior Associate of Grey Mountain, the investment aims to help Ajubeo rapidly scale its IaaS platform.

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