Blue Medora expands to Asia-Pacific market with new partnershipAugust 6, 2015
Enterprise software provider Blue Medora LLC has partnered with a Japanese I.T. firm in a move that will expand the Grand Rapids-based company’s reach into the Asia-Pacific market.
The agreement involves Tokyo-based Computec Engineering Ltd., a provider of I.T., servers, applications and other services for more than a 1,000 clients.
“(The partnership) gives us access to that market with a known reseller,” said Tom Stryker, the vice president of business development at Blue Medora.
He noted that one of the benefits the company saw with Computec was its status as a bilingual supplier, fluent in both English and Japanese.
“That helps us with our need for support in the region,” Stryker said.
Computec will distribute a number of Blue Medora’s products in the region such as VMware and NetApp Storage.
As Blue Medora enters the Asian-Pacific market, the company’s initial push will focus on growing the VMware suite of products, Stryker said.
Even with the Japanese expansion, Blue Medora is pursuing growth opportunities in other parts of Asia, Australia and Europe, he added.
The partnership comes on the heels of Blue Medora finishing a $4.6 million Class A fundraising round in June that included many Michigan investors — Start Garden and Grand Angels among them, as MiBiz reported at the time.
Stryker said that this partnership was already underway when that round closed, so it did not have any direct impact on the deal. However, growing into international markets “helps with justifying the funding,” he said.
The company is not actively fundraising at the moment, Stryker added, declining to comment on the company’s current or projected annual revenues.
– See more at: http://mibiz.com/item/22775-blue-medora-expands-to-asia-pacific-market-with-new-partnership#sthash.Z2KK4Sdm.dpuf