Green Cloud Technologies Recieves $2,7M in Financing

Green Cloud Technologies, a Greenville, SC-based provider of Cloud solutions to small and medium-sized businesses, has raised $2,7m in a combination of Series B Preferred Units and three-year Convertible Notes.

The round was led by Millry Corporation, a local telephone carrier serving southwestern Alabama.

The company intends to use this additional financing for market expansion and the build-out its second data center facility in Nashville, TN.

Led by CEO Shaler P. Houser, Green Cloud offers VMware-based Virtual Servers, Mirror-Imaged Disaster Recovery, and Hosted Telephone Services through authorized partners such as local consultants, IT managed service providers, and PBX distributors.
The company recently announced expansion plans into the Myrtle Beach – Charleston – Savannah corridor and the Huntsville –Nashville – Chattanooga area.

FinSMEs

06/06/2012

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