Evolve IP Named A Top Cloud Computing Company In Forbes and CRN

Ranked #3 for Cloud Infrastructure Companies Behind Google and Microsoft

WAYNE, Pa.—February 28, 2017Evolve IP, The Cloud Services Company™, today announced that the company was noted in Forbes and CRN as one of the ‘Best Cloud Computing Companies and CEOs To Work For in 2017’ and The ‘100 Coolest Cloud Computing Vendors of 2017’ respectively. The Forbes article, which cross referenced the CRN list with the employee review site Glassdoor, ranked Evolve IP number 3 in the cloud infrastructure category just behind Google and Microsoft. Additionally, the company’s Chairman, CEO and Co-Founder, Thomas J. Gravina, was noted as one of the top CEOs across all companies in the Forbes ranking. The full Forbes article can be read here and the CRN article can be accessed at this link.

“Evolve IP is a remarkable success story and one that we are very proud of,” said Mr. Gravina. “Over the last decade we have built an incredibly healthy, substantial business that is contributing not only to the success of our customers, but to our associates, their families and the communities where we live and work. We’re looking forward to continuing our growth and expansion in 2017.”

Click here to read the full press release.

Fresh off a major capital infusion, EvolveIP just acquired Xtium

Written by Roberto Torres, Technical.ly Philly

No financial details were disclosed from the acquisition of Xtium, but the move is in line with the company’s growth strategy.

Evolve IP, a Wayne-based cloud services company, announced on Thursday it had acquired King of Prussia, Pa.-based Xtium, Inc., another cloud services company. The company did not immediately disclose any financial details from the transaction.

The deal is aligned with its previously-announced growth strategy: In June, Evolve IP sold a majority stake for an undisclosed amount to Boston venture capitalist firm Great Hill Partners.

“Our team couldn’t be more pleased to join Evolve IP and we’re excited to have new opportunities due to the company’s tremendous growth,” said Xtium CEO Tim Vogel in a statement.

Click here to read the full article.