eFolder Acquires Cloudfinder, Expands Support for CSPs, MSPs, VARs

eFolder today announced the acquisition of Cloudfinder, an enterprise cloud backup services provider that supports Google (GOOG) Apps, Microsoft (MSFT) Office 365 and Salesforce.com (CRM).

The acquisition could create new revenue streams for eFolder’s IT channel partners that backup and support their customers’ cloud applications and data, according to the company.

Cloudfinder enables businesses to backup, search, restore and get data overviews across multiple cloud services.

eFolder CEO Kevin Hoffman said he believes the acquisition will allow his company to better support cloud services providers (CSPs), managed service providers (MSPs) and value-added resellers (VARs).

“The cloud computing revolution is allowing businesses of all sizes to run entirely in the cloud,” Hoffman said in a prepared statement. “By adding a layer of instant search and business continuity to these mass market business-to-business (B2B) cloud applications through Cloudfinder’s technology, eFolder is empowering partners to deliver lucrative managed backup and support for clients that have migrated to the cloud.”

Marcus Nyman, Cloudfinder’s CEO, also commented on the acquisition:

“Businesses need the trusted advice of MSPs, [CSPs] and VARs as more applications move to the cloud. We founded Cloudfinder on the idea that cloud applications need the same level of backup and resiliency traditionally used for on-premises servers and applications. As cloud adoption accelerates, IT channel partners are uniquely positioned to help businesses protect and centralize their cloud data with Cloudfinder. We are pleased to be joining eFolder, a company that shares our vision of the future and has an unrivaled reputation for helping partners grow profitably with managed services.”

Nyman and the entire Cloudfinder team are joining eFolder as part of the acquisition.

Financial details of the transaction were not disclosed.

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