Industry News

TMCNet:  Siemer Venture exits investment in CloudTrigger

[December 21, 2012]

Siemer Venture exits investment in CloudTrigger

Dec 21, 2012 (Datamonitor Financial Deals Tracker via COMTEX) -- CloudTrigger, LLC has been acquired by Cloud Sherpas, a company engaged in developing software and providing services to companies in adopting cloud computing. Both the companies are based in the US.

CloudTrigger is a professional services and applications provider focused on cloud computing, backed by venture capital firm Siemer Venture Capital.

Deal Type Venture Finance Sub-Category Exit Deal Status Completed: 2012-12-20 Deal Participants Target (Company) CloudTrigger, LLC Acquirer (Company) Cloud Sherpas Vendor (Company) Undisclosed Investors* Deal Rationale The acquisition strengthen Cloud Sherpas' position in the West, bolsters its ability to service clients needing customer service and call center support, and provides key assets to enable vertical market solutions.

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