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
Artists as activists: Meet the KC group whose creative approach to advocacy needs little interpretation
A Kansas City nonprofit is training local artists on the intersection of art and public policy, hoping to create a generation of creatives ready to advocate for their communities. Heartland Arts KC aims to position Kansas City as a hub of local arts activism, said Logan Stacer, executive artistic director. “I want Kansas City to…
Off to college (towns): Axe throwing, mini golf set for Manhattan, Lawrence as Swell Spark expands at home
Swell Spark is once again expanding its locations, but this time Matt Baysinger and his team are scaling into smaller markets in the founder’s home state of Kansas. Swell Spark — a Kansas City-based entertainment company that creates shared experiences through escape rooms, axe throwing and indoor mini golf — is set to open a…
Athletes to angels: Startup player switches teams, leaving his venture to help connect founders to capital
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 — As a fellow founder, Jacob O’Connor can offer empathy in his new role within the NXTUS angel investor syndicate, he shared. After graduating from Wichita State University in…
It’s cannabis trusted by top athletes: How this CBD brand’s KC leader fit everyday wellness with UFC, Crossfit, Royals
A Kansas City-based entrepreneur wants to prove how everyone — from athletes to individuals suffering from chronic health conditions — can benefit from CBD, he said. Dan Huerter, CEO of Pure Spectrum CBD, helped launch the organic phytocannabinoid company in 2016 after learning how CBD had benefited patients suffering from post traumatic stress disorder (PTSD)…