Cloud Central

$13M in Equity to Further Accelerate VAZATA Growth

Plano, Texas, September 12, 2012– VAZATA, a leading provider of complex managed hosting, Infrastructure-as-a-Service (IaaS) and colocation, today announced it has raised $13 million in growth equity to accelerate expansion initiatives and take advantage of current sales momentum.

 

The $13 million total includes a lead investment from Altpoint Capital Partners LLC and follow-on investments from existing investors Ballast Point Ventures and Lance Black, CEO of VAZATA.

Lance Black, CEO of VAZATA, said, “this investment allows for further expansion of our vStructure™ IaaS platform, geographic presence and professional resource pool. We’ve realized steady growth in all lines of our business including managed services, virtualization solutions and traditional colocation, and we’ve been able to secure new customer engagements in both the government and enterprise sectors. The next milestone is to make strategic investments that will increase that momentum. We couldn’t have chosen a more ideal partner than Altpoint Capital. They understand the dynamics of our industry, share a common vision and have a proven track record of success.”

 

Over the past 24-months, VAZATA has launched successful new products and services, secured important infrastructure accreditations – like FISMA compliance and SSAE 16 Type II audits – and added customers in a wide breadth of sectors including U.S. Federal Government Agencies, Software-as-a-Service providers, sports and entertainment, healthcare, legal, consumer products/services and non-profit organizations.......

Second Annual Ranking Recognizes Up-and-Coming IT Solution Providers

Dallas, Texas, August 27, 2012 – VAZATA, a leading provider of complex managed hosting, colocation and Infrastructure-as-a-Service (IaaS), today announced it has been recognized by UBM Channel as a member of CRN’s second annual Next-Gen 250 list. The CRN Next-Gen 250 highlights up and coming VARs that have recently entered the market with a smart and different approach to solution selling and integration.

 

This Next-Gen 250 list is a snapshot of solution providers who are zeroing in on lucrative and emerging technologies, among them cloud computing, mobility, virtualization, unified communications, business analytics and business intelligence.

 

Lance Black, CEO of VAZATA, said, “we deeply appreciate the recognition and ranking amongst this impressive list of innovators. We’ve been executing on our mission to help companies migrate from colo to the cloud in a secure, cost-effective manner through our vStructure™ virtualization platform. We’ve restructured how we market and sell in accordance with what our customers need. A big component of that includes simplifying the whole migration path from physical infrastructure to a cloud environment.”

 

“The channel is constantly evolving as existing models are being tested and new ones are created,” said Kelley Damore, VP, Editorial Director, UBM Channel. “All the companies on this year’s list have only been in business since 1999. Some have transformed their business to meet the demands of a changing market. Others didn't have the baggage of transitioning from hardware to services to recurring revenue and have been able to build a business on an entirely new model and leverage new technology platforms. Regardless of how they got here, we congratulate each company for making this year’s list.”

 

To view a sample of the listing, visit www.crn.com.

 

To view the complete press release, please click here.