3Cloud, a Chicago, IL-based Microsoft Azure services firm, received a growth equity investment from Gryphon Investors.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate its growth and scale to meet increasing demand for Microsoft Azure technology consulting and managed services.
Led by Mike Rocco, co-founder and Chief Executive Officer, and Jim Dietrich, co-founder and President, 3Cloud is a Gold-certified Microsoft Azure technology consulting firm and Azure Expert Managed Services Provider. Founded in 2016, the firm has grown to 70 full-time employees with offices in Chicago and Dallas.
In 2019, 3Cloud delivered Microsoft Azure services for 160 clients, more than doubling its number of clients from 2018. The company current leadership team will maintain a significant ownership share in the company and will continue to manage the firm with support from Gryphon.
Gryphon representatives will join 3Cloud’s co-founders on its Board of Directors, along with seasoned services and Microsoft channel executives to be announced at a future date.
FinSMEs
03/07/2020