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
Business advocate vows ‘We will never be afraid again’ after shooting at LGBTQ+ nightclub
Kansas City’s LGBTQ+ business community remains defiant in the face of bigotry and vigilant in its commitment to protect its members in the wake of a deadly mass shooting this weekend in Colorado, said Suzanne Wheeler. “Our ever-resilient community will continue to uproot hatred and bigotry with deeds of love and visibility,” said Wheeler, executive…
Shop Small: 5 gifts for people who are always cold (KC Gift Guide)
Editor’s note: This feature is the first in Startland News’ five-part holiday gift guide showcasing Kansas City makers and their products. Check out the featured maker below, then keep reading for five gift ideas to get started. A decade later, Pancho’s Blanket co-owner Jonathan Garvey is still wearing a hooded sweater his mom bought him…
Missouri businesses consider leaving Twitter amid instability of Elon Musk’s takeover
Editor’s note: This story was originally published by Missouri Business Alert, a member of the KC Media Collective, which also includes Startland News, KCUR 89.3, American Public Square, Kansas City PBS/Flatland, and The Kansas City Beacon. Click here to read the original story. COLUMBIA, Missouri — As concern about Twitter increases under new leadership and changing guidelines,…
Bungii hires former C2FO exec for CFO role; startup delivers on new consumer demands
Ratcheting through the stages of a growing startup is easier with an experienced professional under the hood, said Ben Jackson, drawing upon the comparison of scaling to “chewing glass while staring into the abyss.” “Companies fundamentally change as various revenue thresholds are surpassed,” said Jackson, co-founder of Bungii. “A seed stage company looks completely different…