Wilson Sonsini - ECP

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Wilson Sonsini Advises Strattam Capital on Funding Round for CloudHesive

  • 06/04/21
  • Client Highlights
  • Data Storage and Cloud

On June 3, 2021, CloudHesive, an Amazon Web Services (AWS) Premier Consulting Partner, announced the closing of a growth financing round. Strattam Capital led the round as a strategic investor. The financing will enable CloudHesive to accelerate its pace of innovation while continuing to provide best-in-class services to its high-profile growing customer base. The new investment will provide CloudHesive with resources to expand its operations and sales teams, supporting customers in both the public sector and commercial space, and to pursue rapid geographical expansion.

This investment builds on Strattam’s established practice of investing in founder-led business’ with best-in-class products and services. Strattam’s portfolio consists of 100 percent founder-led companies, with founders in most cases maintaining an equity stake alongside Strattam in the ongoing entity. This helps solidify CloudHesive as an AWS go-to partner in the Southeastern United States and Latin American markets.

A Wilson Sonsini Goodrich & Rosati team including Derek Wallace and Michael Montfort represented Strattam Capital in the transaction.

For more information, please see CloudHesive's press release.