Welcome!

Artificial Intelligence Authors: Yeshim Deniz, William Schmarzo, Liz McMillan, Pat Romanski, Elizabeth White

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.

Contacts:
Press contact:
Jane Rimmer
+44 7710 633488
[email protected]
www.calligo.net

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.

IoT & Smart Cities Stories
Apps and devices shouldn't stop working when there's limited or no network connectivity. Learn how to bring data stored in a cloud database to the edge of the network (and back again) whenever an Internet connection is available. In his session at 17th Cloud Expo, Ben Perlmutter, a Sales Engineer with IBM Cloudant, demonstrated techniques for replicating cloud databases with devices in order to build offline-first mobile or Internet of Things (IoT) apps that can provide a better, faster user e...
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
Disruption, Innovation, Artificial Intelligence and Machine Learning, Leadership and Management hear these words all day every day... lofty goals but how do we make it real? Add to that, that simply put, people don't like change. But what if we could implement and utilize these enterprise tools in a fast and "Non-Disruptive" way, enabling us to glean insights about our business, identify and reduce exposure, risk and liability, and secure business continuity?
The Founder of NostaLab and a member of the Google Health Advisory Board, John is a unique combination of strategic thinker, marketer and entrepreneur. His career was built on the "science of advertising" combining strategy, creativity and marketing for industry-leading results. Combined with his ability to communicate complicated scientific concepts in a way that consumers and scientists alike can appreciate, John is a sought-after speaker for conferences on the forefront of healthcare science,...
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
"The Striim platform is a full end-to-end streaming integration and analytics platform that is middleware that covers a lot of different use cases," explained Steve Wilkes, Founder and CTO at Striim, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"MobiDev is a Ukraine-based software development company. We do mobile development, and we're specialists in that. But we do full stack software development for entrepreneurs, for emerging companies, and for enterprise ventures," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...