CLOUDHESIVE Closes Growth Funding Round Led by Strattam Capital
Summary
The financing will enable CloudHesive to accelerate its pace of innovation while continuing to provide best-in-class services to its high-profile growing customer base. The new investment will provide CloudHesive with resources to expand its operations and sales teams, supporting customers in both the public sector and commercial space, and to pursue rapid geographical expansion. “After introductions to several private equity and venture capital firms, Strattam hit the mark with how they partner with founders. This helps solidify CloudHesive as an AWS go-to partner in the Southeastern United States and Latin American markets. The SCA will provide the guiding principles that will help drive CloudHesive’s growth in the State, Local and Education (SLED) and Federal (FED) public sector markets in the United States, as well as in Argentina, Chile, and Colombia where CloudHesive has strategic public sector partnerships already in place.