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
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
"Coalfire is a cyber-risk, security and compliance assessment and advisory services firm. We do a lot of work with the cloud service provider community," explained Ryan McGowan, Vice President, Sales (West) at Coalfire Systems, Inc., in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, sha...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Businesses and business units of all sizes can benefit from cloud computing, but many don't want the cost, performance and security concerns of public cloud nor the complexity of building their own private clouds. Today, some cloud vendors are using artificial intelligence (AI) to simplify cloud deployment and management. In his session at 20th Cloud Expo, Ajay Gulati, Co-founder and CEO of ZeroStack, will discuss how AI can simplify cloud operations. He will cover the following topics: why clou...
CloudJumper, a Workspace as a Service (WaaS) platform innovator for agile business IT, has been recognized with the Customer Value Leadership Award for its nWorkSpace platform by Frost & Sullivan. The company was also featured in a new report(1) by the industry research firm titled, “Desktop-as-a-Service Buyer’s Guide, 2016,” which provides a comprehensive comparison of DaaS providers, including CloudJumper, Amazon, VMware, and Microsoft.
"Dice has been around for the last 20 years. We have been helping tech professionals find new jobs and career opportunities," explained Manish Dixit, VP of Product and Engineering at Dice, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"Qosmos has launched L7Viewer, a network traffic analysis tool, so it analyzes all the traffic between the virtual machine and the data center and the virtual machine and the external world," stated Sebastien Synold, Product Line Manager at Qosmos, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...