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Lume Raises $4.3M to Expand Cloud Anyware

Lume collected $4.3M to support its unique cloud offerings

Roger Morales by Roger Morales
March 12, 2020
in Cloud
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Lume Raises $4.3M to Expand Cloud Anyware

Lume which provides cloud and data center services around the world announced that it collected $4.3M. To support its innovative cloud offerings. BaseCamp Capital LLC, a Colorado-based private equity group, led the funding round. Several executives and industry leader contributed the round including

  • John Schanz, former EVP and Chief Network Officer at Comcast
  • Joe Wetzel, former Earthlink President, and COO
  • Mark Mendes, a former senior executive at Cisco/BroadSoft
  • Octavio Morales, founder of TierPoint

New Board of Directors

Lume announced the appointment of Octavio Morales as the company’s Board of Directors. Mr. Octavio Morales was one of the first co-founders of TierPoint and was the company’s CEO until 2012. He has more than 30 years of experience and expertise in this field which will guide the business’s growth progress.

Mr. Morales said it was an exciting time to join the team. What Lume has achieved today is because of its investors. It is an example of an important notice of the company’s market friction and the ongoing support of its client support. He further said together we have capabilities to help businesses with important missions on infrastructure. While keeping up with the speed of development of the market.

This round of funding will provide the firm to grow its Cloud Anyware™ solution suite, which provides customers to mix and coordinate public and private cloud assistance for each application and choose the edge data center place where the atmosphere is extended and operated.

Lume serves the organizations to be more adaptable to concentrate on their center business. CEO Kyle Verzello said,

“We help companies in optimizing the right solution for price, performance, and safety. This monetary partnership with BaseCamp, along with Octavio’s joined expertise on the Board, will help us achieve our vision for giving edge cloud solutions and perform our growth tactics much faster.”

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Professional & passionate blogger by heart. Write various topics like web hosting, cloud computing, Linux, datacenter, reviews, the latest hosting news, etc. He is working on many popular blogs and also works as a technical Analyst.

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