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 Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | EightCloud | - |
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