Non-public Fairness Invests In AWS Cloud DevOps Consultancy DinoCloud
Private equity firm Eximer Capital has invested in DinoCloud, an Amazon Web Services (AWS) partner that focuses on cloud and DevOps consulting. Eximer did not provide any information as to whether the investment was a majority or minority stake in the consulting company. Financial terms of the transaction were not disclosed.
DinoCloud, founded in 2016, is the first Latin American company to achieve the AWS Financial Services competency and the AWS Well-Architected program, claims the 50-strong cloud consulting firm. Next, according to CEO Franco Salonia, DinoCloud is aiming for AWS Premier status.
DinoCloud business focus, technology partnerships
DinoCloud is based in Cordoba, Argentina and an office in Miami, Florida. The company is helping large logistics, banking and credit card companies accelerate their digital cloud transformations, according to DinoCloud.
Other areas of expertise of DinoCloud are cloud engineering, DevOps services, product engineering, Kubernetes consulting and Terraform consulting, as the company states on its website.
The most important DinoCloud partners beyond AWS include Logz.io for protocol analysis, the distributor Tech Data (now part of TD Synnex) and relationships with Google Cloud Platform, Microsoft, Taller Technologies and CDA Soluciones Confiables, according to the company’s website.
Eximer Capital invests in DinoCloud: leadership perspectives
In a prepared statement on the investment, Ketul Patel, Associate at Eximer Capital said:
“We are excited to work with the DinoCloud team as it continues on its growth path. When we met with the co-founders in Miami earlier this year, we immediately felt the agreement. At a time when digital transformation is in the foreground, you have shown excellent performance in the entire AWS segment and have successfully positioned yourself as a trustworthy cloud partner. “
Franco Salonia, Co-Founder and CEO of DinoCloud, added:
“Customers continue to trust us because of our ability to interpret and understand their needs, communicate confidently, and commit to their business goals. Our next goal is to achieve AWS Premier status, which means gaining a privileged position among a select group of companies around the world. We understand the great responsibility that comes with it and as we prepare for hyperscaling, the partnership with Eximer Capital will support our rapid growth and highlight the great potential of our talents while leveraging Eximer’s solid market knowledge. “
Eximer Capital is a New York-based growth capital firm focused on the IT services sector. ChannelE2E is examining whether Eximer has made additional investments in the IT services market. We’ll update this article when we have additional information we’d like to share.