After St. Joseph tech firm acquisition, Online Tech expands to KC
April 20, 2017 | Meghan LeVota
Ann Arbor-based Online Tech has acquired a St. Joseph, Mo. cloud firm, paving the way for its expansion into Kansas City.
The cloud security company announced Thursday that it purchased St. Joseph-based Echo Cloud, which provides colocation and cloud hosting services.
Echo Cloud CEO Bill Severn said he’s pleased to be joining the Online Tech team.
“I believe the values we hold match Online Tech’s very well, and I think this will be a great partnership moving forward,” Severn said in a release. “Online Tech has been a leader in compliance for many years,I’m pleased we can now offer HIPAA- or PCI-compliant data hosting to our existing customers here in Kansas City.”
Allowing for easier service management, Severn added that the companies will combine their existing services into Online Tech’s client platform. Wanting to tap the Kansas City market, Online Tech was interested in Echo Cloud for its ability to grow in the Midwest.
With offices in Michigan and Indiana, CEO of Online Tech CEO Yan Ness is excited to expand the firm’s product line.
“I’m very pleased with this deal,” Ness said in a release. “We really like the Kansas City market. There’s lots of demand that we think is underserved, and this is a great opportunity to provide companies in the area with our secure, compliant hybrid IT services.”
Severn, who declined to disclose the amount of the acquisition, will no longer serve as CEO for Echo Cloud, but will stay on the board of directors for Online Tech. The firm will maintain its offices in St. Joseph, Mo.
2017 Startups to Watch
stats here
Related Posts on Startland News
Watch: Nomad App founders ‘scratching our own itch’ with travel tech
After an inspiring but at times complicated adventure in Latin America, the founders of a Kansas City startup are aiming to ease the burdens of traveling to exotic locales. During a Central- and South-American tour of more than 5,500 miles, Nomad App co-founder Juan Campos said his team realized there are common logistical challenges for…
New, wireless Google project could make KC the most connected city on earth
Google apparently likes Kansas City a lot — a whole lot. Now four years after it launched its gigabit Internet service in the area, Google is planning to build a massive wireless broadband network in Kansas City that could make it one of the most connected cities on earth. Google — which already has determined the…
Five startups hop into the Digital Sandbox KC
Another batch of early-stage firms are planning to accelerate their businesses via Digital Sandbox KC. Kansas City business incubator Digital Sandbox KC on Thursday announced that five startups have received its proof-of-concept funding support. Digital Sandbox, which invests up to $25,000 in area businesses for specific projects that help the firms secure additional funding, has…
Overland Park startup Member Jets crowdsources private flights to cut costs, save time
An Overland Park tech firm is bringing charter flights to the masses with its crowdsourcing platform that reduces the costs to fly in swanky private jets. Founded in 2015, Member Jets created a private aviation community that connects travelers to discounted private flights by aggregating available seats and travel opportunities. Now used at Kansas City’s…