Cloud Automation SaaS Provider, Data Services.
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Asking Price
$20,700,000
Detailed Information
Business Description
The company is a successful cloud automation SaaS provider specializing in efficient data service automation for enterprises, utilizing open-source technologies. Its integrated Data Service products are utilized by large corporations and mid-size companies in North America, Asia, and Europe. Established over a decade ago, the company evolved into a prominent cloud operations provider by 2018 and formed a dedicated Kubernetes team in 2019. In 2023, it exceeded revenue expectations by 36%, reaching $7.0 million with an EBITDA margin of 42%, maintaining a stable CAGR of 19.1% from 2019 to 2023 and a client retention rate of 100%. With a seasoned senior management and technical team, the company currently consists of 67 dedicated full- and part-time employees. It offers Platform and Data Services through its proprietary IP, enabling clients, including Fortune Global 500 companies in manufacturing, financial services, and automotive industries, to deploy applications across various cloud infrastructures. Contracts typically range