The Israeli cloud company AllCloud announced today (Monday) the expansion of its cooperation with the Amazon cloud services (AWS). A new multi-year agreement between the companies, amounting to at least $ 30 million, is designed to help local customers move to the cloud to the full budget of the move. The company also said it is more than doubling its workforce following the agreement and is expected to recruit 300 people in addition to the 250 employees it currently has.
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“This cooperation agreement is unique in the Israeli market and rare in the global market,” Ronit Rubin, the company’s president, told Calcalist. ‘We are one of four companies that have signed such an agreement in the world. The agreement is for four years and the investment in the company is not in shares but in money. ”
AWS teams will partner with AllCloud to accelerate the move to the cloud of hundreds of new customers from a variety of sectors. Part of the amount will be directed to the budgeting of the companies and to the financing of training resources, while for AllCloud the expectation is to gain new customers in this way.
Eran Gil, CEO of Olcode Photo: AllCloud
AllCloud was founded in 2014 by Yossi Frenkel and Lahav Savir, following a merger of Blat-Lapidot and Emind and specializes in solutions and services in the cloud field. The company has raised less than $ 30 million in two rounds to date, the last of which was a year ago. “The company’s day-to-day operations are funded from our revenues and the fundraising is for the purchases we make only,” Robin explained. “The current agreement is intended to help us expand in the places where we operate: in Israel, in German-speaking countries and later in North America.”
Following the agreement, AllCloud will develop dedicated solutions to accelerate digital transformation by sector. Reasonable Blade, co-founder of the company and CTO explained: “Amazon offers its cloud customers a large selection of templates that can be put together to build a solution that suits each company. What we will do is produce ready-made packages of solutions by sector, in order to facilitate new customers. ”