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Greenspring Associates Leads $40 Million Round for Cloud Sherpas

12/20/2012
Greenspring Associates, a technology-focused venture capital firm with offices in Owings Mills and Silicon Valley, said on Thursday it has led a new $40 million round of funding for Atlanta-based cloud services brokerage Cloud Sherpas. Alexandria-based Columbia Capital, Delta-V Capital and Queensland Investment, also participated in the company's second round, which it will use to fuel international growth. Cloud Sherpas offers services designed to help clients adopt, manage and enhance cloud tools from vendors such as Google and salesforce.com. "We believe there is a dramatic under supply of companies focused on providing services to the segment of the market," said Ashton Newhall, co-founder of Greenspring Associates.

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