NeoCloud, a Raleigh-based firm that provides management of cloud computing services for a growing number of customers, is getting bigger through an acquisition.

The emerging entrepreneurial company on Thursday disclosed that it had acquired Business Intelligence 101, or Bi101, which is based in Livermore, Calif.

Financial terms were not disclosed.

The deal means an immediate boost for NeoCloud. The acquisition, which closed earlier this month, adds “more than 350 of Bi101’s customers to its client portfolio, growing [NeoCloud’s] customer base by approximately 30 percent,” a spokesperson for the company says.

Bi101 will continue to offer financial consulting servies as a standalone entity.

“This acquisition represents a significant achievement in NeoCloud’s growth strategy as we seek to bring our cloud management expertise to users across the country,” said Van Murray, CEO of NeoCloud, in a statement. “Bi101’s evolving business and strong customer base made them an ideal choice to complement our own innovative solutions.”

NeoCloud offers identity management, servers, voice solutions, data migration, email, security, website hosting and 24/7 support. 


NeoCloud offerings:

  • CLOUD STRATEGY

Cloud migrations and implementations customized for your business needs and planned for your situation

  • YOUR GO-TO TEAM

Team of expert engineers always available to extend your IT Department or train and support your end users

  • UNIFIED SOLUTIONS

Cross-platform solutions that enable email, CRM, data storage, phone system, and more – to all work together seamlessly

  • ORGANIZATION AND COLLABORATION

Serving as a single point for all of your cloud IT, we’ll eliminate the confusion and overwhelm caused by multiple cloud vendors and competing systems

  • POLICY AND COMPLIANCE SUPPORT

Together, we can take your company policies from draft to implementation to ensure a secure, private, and compliant environment for your company and your users

  • GUARANTEED SUCCESS

You are guaranteed to win because we deliver ZERO downtime and NO data loss in 100% of our projects.

Source: NeoCloud