SMB Nation Blog

SMB Nation has been serving the Bainbridge Island area since 2001, providing IT Support such as technical helpdesk support, computer support, and consulting to small and medium-sized businesses.

Cap Table

Cap Table

A few quick hitters around the SMB partner community I thought you might enjoy. I liken this to start-up news as you too can start-up the next great thing!

BitTitan $15m raise
If you’ve meet the infamous Geeman, founder and CEO of BitTitan, it’s unlikely you’ll forget him soon. Long on enthusiasm, love him or hate him, you gotta respect him. He has grown a successful business over the past nine years organically from his basement. Very hard to do, let me tell ya. So it’s no surprise that he’d ultimately prepare for a Series A round perhaps in preparation for an ultimate exit. That’s entrepreneur 101 for you. This past week, Geeman took the money. He raised $15-million from TVC Capitol in what’s it largest single investment ever. Moving forward, look for BitTitan to invest in sales and marketing, product enhancements and expanding into more geographies. Standard stuff. We’ll keep an eye on BitTitan as it puts these funds to work, perhaps raises more capital and likely pursues an exit strategy.

M&A
SolarWinds, who broke into our community a few years ago with the n-Able acquisition, has done it again. It’s snapped up LogicNow in a move underscoring RMM consolidation. It’s a natural move in a mature market. But it results in less customer choice and a diverse community sponsor ecosystem. Such is life.

The eFolder acquisition of Replibit is comes two years after its purchase of CloudFinder and three years after its purchase of Anchor. What’s interesting is that eFolder, noticeably absent from the major SMB partner event circuit in the first half of 2016, is making bets on strategic growth. With Replibit, eFolder is publically setting its sights on taking on Datto. There is some “there there” with the approach as I’ve had numerous confidential calls with Datto partners expressing dismay at new treatment that isn’t as generous, warm and loving as in the early days before Datto’s $100m cap raise earlier this year.

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eFolder extends eFolder BDR for Veeam service

eFolder announced yesterday the eFolder BDR for Veeam service has been extended to support cloud-based disaster recovery for Veeam-protected VMware vSphere environments.  efolder

VMware leads the market in virtualization software deployments, according to the IDC, and this addition to eFolder BDR for Veeam service is designed to enable IT channel partners to support and capitalize on this success. 

“eFolder BDR for Veeam is the most comprehensive off-site backup and disaster recovery service for Veeam,” says Ted Hulsy, vice president of marketing at eFolder. “Enhancing the service to support cloud-based disaster recovery of VMware environments, which we know to be the majority of Veeam deployments, gives IT channel partners the opportunity to offer a profitable, end-to-end disaster recovery solution for any virtualized environment.”

The solution can also be used with Microsoft Hyper-V environments, according to eFolder.

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eFolder and Anchor Announce Partner Lunch Tour

efolder logoEarlier this week, eFolder and their recently-acquired company, Anchor Networks, announced a 22-stop tour through the US for MSPs and VARs. This tour will include dates between Oct 8 and Nov 21, and will stop at major cities throughout the US.

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eFolder Acquires Anchor to Deliver Cloud File Sync Solutions to MSPs

efolder logoWe heard from Ted Hulsy, VP of Marketing at eFolder, that the company has acquired Anchor Box, a startup that is based on providing file sync and share software tailored for MSPs, VARs and cloud providers. According to eFolder, the acquisition will position the company as the only channel-focused vendor that provides a complete solution suite for cloud backup, BDR services, and cloud file sync from a single supplier.

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eFolder Offering Partners 1,000 Bucks for Every new Referral

efoldereFolder told us today that it has established its new eFolder Partner Referral Program, which aims to reward its partners with $1000 for every successful referral. 


The program was created as a result of eFolder, with the guidance of its Partner Council, implementing a system that is designed to eliminate the frustrations and barriers that often come with vendor-imposed referral programs.

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eFolder/Mezeo Partnership Allows MSPs to Offer Biz-Class Cloud File Syncing

At the Autotask Community Live event this week, eFolder and Mezeo announced a partnership to bring cloud file sync services to MSPs throughout North America. The combined solution will be sold and supported by eFolder and will offer MSPs, solution providers, and VARs a business-class, secure, and channel-ready cloud file sync service that meets the needs of the small and medium business market. Generally available to eFolder partners in calendar Q3, the eFolder Cloud File Sync service will be sold on a simple, per-user per-month basis and allow partners to make attractive monthly recurring revenue and profit margins.

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Nancy Williams Hired as eFolder’s Newest Account Manager

We heard this week from our good friend and community member Nancy Williams, that she has accepted a new gig as an account manager with eFolder, a provider of remote and local data backup, email security and email archiving services.

Pictured at right: Nancy Williams accepts her SMB 150 Award at last year's gala. Williams is a recipient of the award once again this year, which will be distributed during next week's spring conference.

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