Tag: Spanning Cloud Apps

EMC Buys Austin-based Spanning Cloud Apps

Photo courtesy of Spanning

Photo courtesy of Spanning

EMC Corp., based in Hopkinton, Ma., has acquired Spanning Cloud Apps of Austin.

The terms of the deal were not disclosed.

Spanning, which provides backup and recovery for SaaS applications, helps organizations to protect and manage their information in the cloud. It will continue to operate under its brand in Austin as division of EMC.

Founded in 2010, Spanning has raised $9 million in venture capital in two rounds from one investor, according to its Crunchbase profile.

EMC_logo_squareEMC also launched its EMC Enterprise Hybrid Cloud Solution and Spanning Cloud will play a big role in its strategy, according to the company.

“We’re honored for this incredible recognition of our technology, our people and the successful business we’ve built,” Jeff Erramouspe, Spanning CEO, said in a news release. “Joining forces with EMC validates our business and products as among the best for cloud application backup and recovery. This move provides the best of both worlds – the freedom to continue as Spanning while, at the same time, gaining a huge advantage in the marketplace through EMC’s sheer scale. This is an exciting new chapter. Spanning is now an even stronger company, ensuring that our customers will be able to count on us for their data protection needs for the long term, while our partners can confidently build businesses around our products.”

Spanning Cloud Apps Set to Double Its Workforce in Austin

imgres-16Spanning Cloud Apps announced that it more than doubled the size of its workforce last year and its revenue and customers quadrupled from 2012.
The Austin-based startup now has 40 employees, up from 16. It plans to double its workforce this year. The company also moved into new headquarters last year at 823 Congress, four times larger than its old offices.
Spanning Cloud Apps provides data backup and recovery for cloud applications. Its customers include Megabrands, Pivotal, Redfin, Jawbone and Netflix.
“2013 was a pivotal year for Spanning. We added world-class customers, expanded our product offering and established new partnerships with industry leaders including Salesforce.com and EMC,” Jeff Erramouspe, Spanning’s CEO and president said in a news release. “Leading enterprises and educational institutions are choosing our cloud backup and recovery solutions because of our product innovation and exceptional customer service. We’re the organization they can trust and partner with to protect their critical data.”
Last year, Spanning hired some key managers including Erramouspe, who replaced its founder Charlie Wood, now chairman. And Melanie Sommer became the new vice president of marketing. Spanning also closed on $6 million in Series B financing, bringing its total financing to date to $9 million.

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