Cloud Elemental, a leader in cloud migration services, today announced a significant investment from Vallum Associates, which has acquired a stake in the company. This partnership marks a pivotal moment in Cloud Elemental’s history, signifying a strong endorsement from Vallum Associates in its future growth and strategic direction.
Chinh Mai, Founder and CEO of Cloud Elemental, expressed his enthusiasm about the partnership:
“This investment is not just a financial boost but a strategic alliance that aligns with our vision to expand and enhance our cloud services. With Vallum Associates’ support, we are set to accelerate our growth, expand our offerings, and explore new consulting opportunities within their extensive client base.”
Vallum Associates’ stake in Cloud Elemental is part of their broader strategy to support high-potential companies in the tech sector. COO of Vallum Associates, Kang Shik Kim, commented:
“We are fully committed to supporting Cloud Elemental’s growth trajectory and are excited about the opportunities this partnership will create.”
The investment will enable Cloud Elemental to scale its operations, enhance product development, and strengthen its capabilities in helping clients with cloud adoption, large-scale migrations, and ensuring stringent security, governance, and compliance standards.
Despite the new investment, Cloud Elemental will continue to operate as an independent entity under the leadership of its founder, Chinh Mai. This structure ensures that the company maintains its client-focused approach and innovative spirit, driving further growth and success in the cloud services industry.
Chinh Mai
CEO & Founder
