CloudM is pleased to announce a majority investment from Marlin Equity Partners (Marlin). Current investor NorthEdge Capital (NorthEdge) has reiterated its support in the business and will maintain a minority share in the business.
Tom Ray, CEO and Managing Director at CloudM said, “CloudM is well-positioned to capitalise on the significant market for Google Workspace and M365,” he continues, “We see increased demand beyond just migrations to include archiving, backup, business continuity and lifecycle management. We are delighted to join Marlin, who bring a wealth of operational expertise and domain knowledge to our team, while continuing our relationship with NorthEdge. With their shared vision and support, we look forward to further strengthening CloudM.”
CloudM’s software helps partners and customers manage Google Workspace and M365 data at scale.
Mike Wilkinson, a Managing Director at Marlin said, “CloudM has emerged as one of the world's leading data management platforms for Google Workspace and M365. The business’s focus and expertise in software for managing the complex data sets on these platforms make it well positioned in a strategic growth market. We are excited to partner with the management team to build and scale the business to become a global leader.”
Jon Pickering, Chief Investment Officer at NorthEdge added, “It has been great working alongside the CloudM team over the last four years. The team has worked incredibly hard since our initial investment in 2018, growing net revenues, developing a number of new proprietary products, scaling internationally and consistently investing in their people. Like Marlin, we believe that the company will continue to grow, solidifying its position as one of the leading providers of Google Cloud Services in EMEA and we are excited to remain part of the journey.”