Welcome!

News Feed Item

Calligo Limited Successfully Complete a $2.6m Investment Round With a Further $5m Credit Line

The Investment from Andrew Crawford fuels Calligo's offshore financial centre expansion plans which include Switzerland, Cayman and Singapore plus accelerates additional hires

JERSEY, UNITED KINGDOM -- (Marketwire) -- 01/15/13 -- Calligo, the Channel Islands' only dedicated cloud services provider, today announced the completion of multiple-million dollar investment into Calligo by venture capital firm Ti23. Ti23's principal, Andrew Crawford, has previously built, and sold, several successful digital enterprises, including The Book Depository that was acquired by Amazon (AMZN) in November 2011.

Calligo Ltd was only formed towards the end of 2011 and has successfully ramped its business in the past year, with its cloud services now being utilised in many organisations across the Channel Islands. The investment received will accelerate business plans to expand into other offshore territories and create more than 50 new jobs in Jersey, plus many more in the expanded jurisdictions over the next two to three years.

"I am very excited to be involved with Calligo, the business has got off to a great start and the opportunity to be part of the expansion of the business into other offshore financial centres is compelling," stated Andrew Crawford. "My intent is to draw on my experience of growing digital businesses and apply that to the cloud services offering of Calligo; there are many parallels to the business models and the innovation I see within Calligo's offering is unique in my experience."

"While VC (venture capitalist) funding in Silicon Valley is relatively easy to access for start ups, funding for innovation in the UK and Channel Islands is less easy to come by. Andrew will become our Chairman of the Board and I look forward to working with him on our expansion plans over the coming years," commented Julian Box, CEO and founder, Calligo. "By securing such a large investment is testament to the strength of our business and vision of a global set of vertical focused offshore clouds linked together as a federation, which offers our clients a single access to multiple jurisdictional based services and allows us to guarantee our clients' data residency."

"With the growing worries around The Patriot Act and FISA and what this means for the security of information being held around the world, the physical location of cloud-based storage of data and the applications it is dependent on is becoming critical. Those cloud providers capable of offering a secure, responsive and storage assured service will gain greater prominence through 2013 as organisations wake up to the need for complete knowledge of where their date resides," commented Clive Longbottom, Service Director, Quocirca.

About Calligo

Calligo is the Channel Islands' only dedicated cloud service provider. As the team credited with bringing virtualisation and cloud computing to the Channel Islands Calligo has over 25 man years of practical experience delivering and running cloud services.

Calligo offers comprehensive cloud transformation programmes where applications, data and business processes are aligned to deliver the true benefits of cloud based services, providing clients with the reality of true agile computing in the most efficient methods possible.

For more information visit www.calligo.net, follow us on twitter twitter.com/calligocloud or Julian on twitter.com/the_cloud_box.

About Ti23

Ti23 is a venture capital firm specialising in seed and early stage investment. The firm seeks to invest in technologically biased European ventures from $200,000 to $3 million. It aims to cooperate with and support outstanding entrepreneurs and managers to build substantial and sustainable businesses. Ti23 Ltd is based in Jersey in the Channel Islands; the principal, Andrew Crawford, has a track record of building some of fastest growing businesses in Europe including The Book Depository acquired by Amazon in 2011.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Imagine having the ability to leverage all of your current technology and to be able to compose it into one resource pool. Now imagine, as your business grows, not having to deploy a complete new appliance to scale your infrastructure. Also imagine a true multi-cloud capability that allows live migration without any modification between cloud environments regardless of whether that cloud is your private cloud or your public AWS, Azure or Google instance. Now think of a world that is not locked i...
Technology innovation is the driving force behind modern business and enterprises must respond by increasing the speed and efficiency of software delivery. The challenge is that existing enterprise applications are expensive to develop and difficult to modernize. This often results in what Gartner calls "Bimodal IT," where business struggle to apply modern tools and practices to traditional monolithic applications. But these existing assets can be modernized and made more efficient without havin...
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
SYS-CON Events announced today that Auditwerx will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Auditwerx specializes in SOC 1, SOC 2, and SOC 3 attestation services throughout the U.S. and Canada. As a division of Carr, Riggs & Ingram (CRI), one of the top 20 largest CPA firms nationally, you can expect the resources, skills, and experience of a much larger firm combined with the accessibility and attent...
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
In his session at Cloud Expo, Alan Winters, an entertainment executive/TV producer turned serial entrepreneur, will present a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to max...