Cloud services integrator and provider Day1 Solutions has closed a $2m funding round the company said will be used to expand its technical services and sales team.
Day1 was founded in 2012 and provides NetApp cloud storage and Cisco Intercloud-based services to a range of public and private sector clients, and offers system integration services for clients deploying cloud services on Amazon’s cloud infrastructure.
It also offers a white label managed services platform to MSPs, an offering that grew out of its acquisition of Logic Method IT (LMIT) in November last year.
“Day1 Solutions is on a hyper-growth trajectory, and last year experienced a year-over-year revenue increase in excess of 1600 percent,” said Luis Benavides, founder and chief executive officer of Day1 Solutions.
“This funding is a testament to our investors’ confidence in Day1 Solutions’ leadership team, business model and ability to consistently deliver an exceptional cloud experience to a rapidly growing base of enterprise customers moving mission critical IT operations to the cloud.”
Day1’s specialisation is largely in the service integration piece, and many analyst houses expect cloud system integration to play an increasingly prominent role – particularly in the infrastructure integration segment – as enterprises increasingly hybridise their IT landscapes with a mix of multi-cloud, cloud and on-premise systems.
According to Grand View Research the global system integration market is expected to reach $393bn by 2020, with infrastructure integration accounting for about 35 per cent of that market.