Founded in 2012 by Joe Kinsella, Dan Phillips, and Dave Eicher, CloudHealth Technologies is a company that has created a cloud management and analytics platform for enterprise and MSPs. The company has grown substantially over the past six years to have just under 300 employees and have raised $85.7M to date.
The company also had two huge announcements to make this past week; they are moving into a new office on 100 Summer Street, and VMware has acquired them.
The usual ribbon-cutting ceremony that commemorates a new office did occur, but the event was a celebration of both the new global headquarters and the news surrounding the company’s purchase. They were also able to tell the audience and their employees some equally exciting news about the future of CloudHealth.
“The company will keep the brand, and will become an autonomous unit within VMware, ” said the company’s CFO Larry Begly, who had a hand in helping secure the deal. “They are willing to invest as much as we need and this is an interesting situation for us, that a $60 billion public company looks at CloudHealth as strategic to their new business model.”
Begly told us how VMWare wants to start utilizing cloud software within their platform and that CloudHealth will be providing just that for the dominant company.
When the ceremony began, CloudHealth CEO Tom Axbey and Massachusetts Governor Charlie Baker welcomed the employees and other guests, many of them tired from taking red-eye flights from Las Vegas from VMware’s recent conference. Axbey spoke about how impressive the company has grown and how they plan on making the best of their new office.
If you want to join CloudHealth’s expanding team, click here for the openings at this Boston tech company!
