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
More downtown eats: Chef-driven food hall joining Made in KC on Lightwell’s ground floor
Nearly two years after details of a chef collective at Lightwell were first teased, developers today announced the popular urban Johnson County food experience Strang Hall will indeed open a second location in downtown Kansas City. “Like the original Strang Hall in downtown Overland Park, the concept will be a casual, modern space designed for…
Menufy sale scales HungerRush to more than 500 workers, 20,000 restaurants, KC co-founder says
Growth isn’t new to the menu for Menufy’s Leawood based team, said Sharmil Desai, noting the online platform for restaurants had grown to 140 employees before its freshly announced acquisition by HungerRush. “I can’t think of any point when Menufy has not been adding and expanding,” Desai, co-founder and CEO of Menufy, told Startland News.…
How a new stadium planned for Kansas City’s riverfront could redefine ‘long-neglected’ neighborhood
A $70 million project along Kansas City’s riverfront is expected to be the first stadium purpose-built for a National Women’s Soccer League (NWSL) team, Kansas City NWSL owners announced Tuesday, unveiling early plans for the 11,000-seat complex just north of downtown. “The goals for reclaiming our long-neglected riverfront have been bold but clear – develop…
Leawood-based online restaurant platform Menufy acquired by hungry Houston cloud company
A rapidly scaling Leawood tech company that helped dozens of Kansas City restaurants, as well as eateries across 3,000 other cities, survive the pandemic has sold to a Houston-based cloud software provider for the restaurant industry. Menufy’s vast online food ordering platform and network is expected to be incorporated into the HungerRush 360 cloud POS…