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
17-year-old social entrepreneur among finalists tapped for healthtech pilot competition
Startland News’ Startup Road Trip series explores innovative and uncommon ideas finding success in rural America and Midwestern startup hubs outside the Kansas City metro. WICHITA — A Kansas teenager’s telemedicine nonprofit was selected as one of nine finalists for a local health tech startup competition — the only Sunflower State venture chosen for the…
Home-delivered juice maker nibbles its way into sparkling water market with expansion
Zen Donkey Farms — known for its raw, organic, cold-pressed juices available through home delivery — is expanding while continuing its mission of rescuing donkeys and bringing donkey-facilitated wellness programs to Kansas City, said co-founder Kate Barker. The purpose-driven wellness business — which also offers plant-based mylks, hemp protein superfoods, CBD skin care products, and…
KC ranks No. 11 among Midwest startup cities, holding its spot thanks to funding wins amid VC slowdown
A healthy dose of recent funding events kept Kansas City in the No. 11 spot in the 2023 edition of M25’s annual ranking of Midwest startup cities, said Victor Gutwein, founder and managing partner at M25. The comprehensive report explores how metropolitan areas across the Midwest are performing relative to each other based on startup…
Porter House KC earns MO infrastructure grant, pushing its retail incubator closer to opening
Funding from a pilot physical infrastructure grants program is expected to help The Porter House KC complete phase 2 of the build out for its new 811 Retail Incubator, focused on boosting retail entrepreneurs from the urban core. “This grant will allow us to serve over 90 small businesses focused on retail operations within the…