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Date: October 22, 2018

Green Cloud Announces Financing Package with Goldman Sachs Specialty Lending Group

Green Cloud Technologies “Green Cloud”, a cloud technology solutions provider, announced the closing on the largest investment in Green Cloud’s seven-year history by Goldman Sachs Specialty Lending Group “GSSLG.” The financing package supports Green Cloud’s short-term and long-term growth goals to advance the company’s successful business model focused on building partner networks and providing customers with world-class servers, backup and recovery solutions.

“This financing enables us to successfully deliver powerful, scalable technology solutions, products, and services that support SMBs and enterprise-class organizations,” said Keith Coker, Green Cloud Founder and CEO. “Investing in our cloud architecture and infrastructure is essential in order to evolve with technology and provide an uncommon level of partner support to serve our customers.”

Green Cloud was founded in Greenville, SC, in 2011 by telecom and communications veterans, and today, the company has 70 employees and operates six world-class data centers in Atlanta, GA, Greenville, SC, Houston, TX, Minneapolis, MN, Nashville, TN and Phoenix, AZ.

Green Cloud was ranked 73rd on Inc. magazine’s Inc. 500 in 2016, the most prestigious ranking of the fastest-growing private companies and was an Inc. 5000 honoree in 2017 and 2018. In 2015, the company was named the number one SC Fastest Growing Company in 2015, and Energage named the company as a Top Workplace in SC in 2017 and 2018.

GSSLG is a lending and investing platform dedicated to providing financing solutions to middle market companies based in the US, Canada, UK and Europe.

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