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
KC Tech Council program preps veterans to face new battle: Kansas City’s workforce
Ian Whitehill went from military deployment to software bootcamp, waging a new career as a software engineering technologist at Lenexa-based Genuen thanks to KC Tech Council’s emerging apprenticeship program. “I always wanted to do something where I felt like I was contributing to society and the world around me. When I heard about the opportunity…
KC’s first Vietnamese coffee shop brews $20K at AltCap Your Biz; other winners include an urban farm, development company and selfie studio
Cafe Cà Phê can now afford to build bathrooms in its anticipated brick-and-mortar coffee location, Jackie Nguyen teased on Instagram after being awarded the grand prize at the 2021 AltCap Your Biz: Pitch Competition. “The $20,000 will go toward helping build that out — getting new appliances, [hiring] new employees because we’ve outgrown our cart.…
Leawood firm partners with BestyBnB on tech platform to protect domestic violence survivors, their pets
Fresh off news of its $2 million investment by a local businesswoman and prominent animal advocate, Kansas City-based startup BestyBnB this week announced a new pet reservation tech platform — built by a company in neighboring Leawood. Available on mobile and desktop, the BestyBnB web-based platform enables DV shelters to search and secure long- and short-term…
KC Velocity launches as re-imagined Lee’s Summit accelerator goes metro-wide
An entrepreneur-backed support organization for early stage founders and business leaders across Kansas City went live this week — the culmination of an intensive rebranding campaign for an accelerator previously geared specifically to Lee’s Summit. “KC Velocity is focused on matching growing businesses with experienced, invested experts in a variety of essential capacities including finance, accounting,…