EightCloud

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EightCloud - overview

Established

2011

Location

Kirkland, WA, US

Primary Industry

Business Support Services

About

EightCloud is a technology company focused on providing cloud solutions and services aimed at enhancing operational efficiency for businesses across multiple sectors. Founded in 2011 and headquartered in Kirkland, US, EightCloud specializes in cloud services. In November 2021, EightCloud was acquired by Navisite, LLC, a portfolio company of Madison Dearborn Partners, which enhances Navisite's cloud services and data management capabilities. The firm has completed a total of 1 deal to date.


EightCloud offers a range of cloud-enabled services tailored for diverse industries, including cloud migration, data analytics, automation, and cybersecurity. Their solutions are designed to optimize business operations and improve decision-making capabilities, catering primarily to healthcare, manufacturing, and SaaS sectors, with a strong presence in North America, Europe, and Asia-Pacific. EightCloud operates on a subscription-based model, engaging clients in long-term partnerships for its cloud services. Clients typically pay monthly or annual fees that reflect the scale of solutions utilized.


The firm's pricing structures are customized to meet the specific needs of each industry, particularly for their SAP managed services and ServiceNow implementations, though specific revenue figures are not publicly disclosed. Following its acquisition by Navisite, LLC in November 2021, EightCloud aims to further develop its enterprise application and cloud services. The company plans to launch new products enhancing its service offerings and expand into new geographic markets, including Europe and Asia, by 2023. The recent acquisition funding will support these initiatives, enabling a focus on enhanced data management and cloud capabilities.


Current Investors

Navisite, LLC

Primary Industry

Business Support Services

Sub Industries

Consulting Services, Web Development, Systems Management Software, Customer Relationship Management

Website

www.eightcloud.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

EightCloud - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedEightCloud-

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