(Photo via @DivvyCloud on Twitter)
Arlington, Virginia-based DivvyCloud hit a major growth spurt in 2019.
Founded in 2013, the company develops technology to automate and manage cloud infrastructure that businesses use to improve security. Cofounders Brian Johnson, the company’s CEO, and Chris DeRamus, its CTO, now lead the more than 75-person team.
“Our team grew by more than 110 percent in 2019, and we plan to double it in 2020,” said Johnson in a statement.
DivvyCloud’s employees nearly doubled in size last year, so the company moved its corporate headquarters into a larger workspace in Arlington last October. This new 13,000-square-foot office is a major upgrade from its previous 2,000-square-foot space in Rosslyn, Virginia.
Cloud computing is becoming increasingly important in modern business: An April 2019 report by research company Gartner projected the global public cloud services market to grow 17.5% last year to $214.3 billion, up from $182.4 billion in 2018. The cloud allows companies to be more efficient and flexible with their computing resources, scaling up or down as their needs change. Cloud providers are most likely to have better security and disaster recovery options, as well.
DeRamus told Technical.ly that DivvyCloud has more than 50 customers, 50% of which are Fortune 500, Fortune 100, and unicorns (aka a tech startup that reaches a $1 billion market value as determined by private or public investment). DivvyCloud gained 65% of its customers last year alone, per the CTO.
Since the company is privately held, DeRamus declined to disclose specific revenue amounts, but he said DivvyCloud also doubled its revenue for the third year in a row. As for the company’s venture capital outlook, it’s raised $29 million to date, including its big $19 million Series B growth round last May.
With this continues growth, the company has added two senior leaders to its team. Brandie Kalinowski has been hired as DivvyCloud’s VP of people and culture and David Geevaratne is now the company’s VP of North American sales.
“Brandie and David bring incredible expertise, new ideas, and energy in the areas of human capital and sales and marketing that are vitally important for us to rapidly scale our business even further in 2020,” DeRamus said.
Kalinowski joins the DivvyCloud team after leading people operations at Etsy in Brooklyn. In her new role, she will lead talent and workplace strategy. Geevaratne most recently served as the general manager and market leader for SoftwareONE. At DivvyCloud, he will now lead the enterprise sales strategy to further promote growth and customer engagement at the company.
“DivvyCloud is making an impact in the cloud security space,” Geevaratne said in a statement. “The company is providing critical security and compliance solutions for enterprises and I look forward to working with and growing our customer and partner network.”
The company isn’t done expanding: DivvyCloud previously reported that it plans to add 65 more employees to its team this year.
“We are planning to hire across all departments, but with a specific focus on growing our product and engineering teams,” said DeRamus. “DivvyCloud is built and led by passionate technologists focused on building next-generation cloud security and we are always looking for more like-minded folks to join the team.”
If you’re looking for your next job, DivvyCloud currently has job openings for its engineering, sales development, operations and customer success teams.-30-
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