CloudShare News
14 articles
The Denver-based alternative asset manager is paying an estimated $60-80 million for the SaaS provider of AI guided solutions for complex technical training requirements.
Bow River Capital, a Denver-based alternative asset manager, has acquired Israeli company CloudShare, a SaaS provider specializing in AI-guided solutions for technical training and cybersecurity scenarios. The acquisition, estimated to be between $60-80 million, aims to accelerate CloudShares global growth, infrastructure expansion, and AI innovation. CloudShare, founded by CEO Dr. Zvi Guterman, has raised $20 million since its inception and serves clients like Atlassian, Motorola, Ping Identity, Palo Alto Networks, and Salesforce. Dr. Guterman will continue to lead the company, focusing on strategic growth and innovation with Bow Rivers support.
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Israeli SaaS company exits after a decade of bootstrapped growth and profitability.
CloudShare, an Israeli SaaS company specializing in virtual training and cybersecurity labs, has been acquired by Bow River Capital, a Denver-based private equity firm. The acquisition, estimated to be worth between $60 million and $80 million, marks a significant liquidity event for CloudShare, which has operated profitably without external funding for a decade. The company, founded by Dr. Zvi Guterman, serves major clients like Salesforce and Palo Alto Networks. The acquisition will enable CloudShare to expand internationally and enhance its AI-powered platform. Dr. Guterman will remain CEO, and Bow River will provide strategic guidance through its Software Growth Equity division.
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CloudShare and Training Industry Survey of Decision Makers
CloudShare, a business acceleration cloud company, has released the results of a survey conducted in partnership with Training Industry. The survey aimed to understand the challenges faced by training teams due to COVID-19 and the possible solutions. The top challenges identified were team reduction, changes in travel policy, budget cuts, and struggles collaborating. The survey also revealed that investment in virtual conferencing, virtual IT labs, augmented reality, and gamification is expected to increase to improve virtual learning capabilities. Virtual labs were identified as a critical component for many software organizations, providing benefits such as self-service training, better automation, cost control, and channel management. CloudShares virtual labs aim to accelerate time to value for customers, providing hands-on, real-world experiences and increasing efficiency and speed.
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CloudShare Adds Microsoft Azure Access to Accelerate Virtual Training
CloudShare, a business acceleration cloud company, has announced its virtual IT labs will now connect to Microsoft Azure. This will allow enterprises to use CloudShare on Microsoft’s public cloud, providing users with SaaS solutions for training, sales enablement, sandboxing and support. CloudShare provisions environments on Azure on demand and at any scale, supported by defined user and machine controls, advanced analytics and reporting. The companys virtual labs accelerate time to value, with typical customers including large security and technology enterprises.
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CloudShare Wins Gold for Training Awareness and Educational Programs in Network Products Guide's 14th Annual 2019 IT World Awards®
CloudShare, a leading provider of specialized cloud environments, has been named a gold winner in the Training Awareness and Education Program category by Network Products Guide. They also won a bronze for the Hot Technology & Solution of the Year in the IT Cloud/SaaS category. CloudShares virtual IT labs allow organizations to replicate complex on-premise IT environments in the cloud, and they are used by companies such as Palo Alto Networks, Atlassian, and Sophos. The recognition by Network Products Guide validates CloudShares position as a leading provider of virtual IT labs solutions. The awards will be presented at the SVUS Red Carpet Awards Ceremony Dinner in October 2019.
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CloudShare Extends Virtual IT Labs Solutions to Google Cloud Platform
CloudShare, a leading provider of specialized cloud environments, has announced its partnership with Google Cloud Platform (GCP) and the availability of its virtual training solution on GCP. This move is expected to be growth-positive for CloudShare as it enables companies to easily access comprehensive training experiences in the cloud. CloudShare offers GCP admin console access, resource provisioning and management, user and machine controls, advanced analytics, and usage statistics. The company is also developing transparent training solutions for AWS and Azure. CloudShares customers include leading software and cybersecurity companies such as Palo Alto Networks, Atlassian, ForgeRock, Sophos, and Fortinet.
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CloudShare Launches Flexible Sales Enablement Solution to Reduce Sales Friction, Illuminate Buyer Journeys and Empower Teams with Advanced Analytics
CloudShare, a leading provider of specialized cloud environments, has announced the availability of its Sales Enablement solution. This solution allows software companies to showcase their software solutions on demand and within minutes, providing easily managed demos and proofs of concept (POCs) for unlimited users worldwide. CloudShares solution enhances the demo and POC stages of a companys sales funnel, offering centralized demo preparation and secure distribution of sales POCs. By eliminating potential friction throughout the sales cycle, CloudShare aims to ensure faster time to close and provide long-term engagement data for sales analysis. The article highlights Check Point Software Technologies as one of CloudShares customers.
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CloudShare Introduces CloudShare for Support: A Cloud Service That Helps Enterprises Solve More Customer Issues in Less Time
CloudShare has announced its new CloudShare for Support offering, which helps technical support teams speed up time to resolution and increase productivity. The offering allows support engineers to easily import complex customer environments and product versions, and provides a library of ready-made templates for testing. The virtual IT labs can be spun up on-demand, saved in specific states, and shared with team members globally. Support managers benefit from automated cost-control policies and analytics. MuleSoft and erwin are mentioned as customers who have benefited from CloudShares services. CloudShare helps MuleSoft save time and improve customer support, while erwin uses CloudShare for customer support, product demos, and training.
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CloudShare Finishes Best Year in Company History with More than 200 New Customers in 2017
CloudShare, a specialty cloud provider, announced its success in 2017, winning over 200 new customers and serving more than 73,000 users. The company is becoming the go-to cloud provider for software providers that want to leverage the cloud for their legacy solutions. CloudShare offers specialized solutions for all aspects of the application lifecycle and has expanded its support for global enterprises. It also introduced new features such as Salesforce integration and nested virtualization. CloudShare strengthened its advisory board and was named to the list of Top 100 Cloud Service Providers. The company plans to continue expanding its markets, growing partnerships, and delivering greater value to customers through innovation and support for more use cases.
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Zvi Guterman, CEO at CloudShare, mounts comeback after purchasing company
CloudShare VM Import tool makes it easy to move virtual machines to the cloud
CloudShare Integration with Salesforce Enables Users to Deliver Demos and PoCs Directly from the Salesforce Application
CloudShare has announced the integration of its virtual lab environments with Salesforce, allowing users to send invitations for demos and proof of concepts directly from Salesforce. This integration streamlines the sales process by eliminating the need for sales engineers to leave the Salesforce application. Salespeople can easily see whether prospects have accessed the demo and follow up accordingly. The integration package is available at no additional charge to all CloudShare customers using Salesforce. CloudShares cloud-based labs for demos and proof of concepts enable software vendors to demo their products to prospects worldwide without the need for shipping hardware or incurring travel costs.
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CloudShare raises $10m
Cloud computing company CloudShare has completed its third fund-raising round, raising $10 million. The company provides cloud computing services to developers and has raised a total of $26 million so far. The round was led by US VC firm Globespan Capital Partners, with participation from existing investors. CloudShare currently focuses on independent developers but plans to offer products to large companies and private customers in the future. The company has 50,000 users and most of its customers are in the US, although it has also seen sales in Asia.
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Cloud computing co CloudShare raises $10 million
CloudShare, a cloud computing software start-up, has raised $10 million in a series B funding round. The investment brings CloudShares total funding up to $16 million. The company plans to use this round of funding to accelerate product development. CloudShares product enables sales teams to demo software using cloud computing. Customers of CloudShare include VMware, Cisco, and SAP. The company intends to hire more development workers in Israel.
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