Dalus Capital Invests in Xertica

Published: 21/February/2018

Mexico City, 20th February 2018 - Dalus Capital ( daluscapital.com ) announced today its investment in Xertica ( xertica.com ), the leading Cloud Consulting company in Latin America, formed through the roll-up of the leading Google Cloud Partner in the Spanish-speaking region. The newly-formed entity is the #1 Google Cloud partner in Latam, enabling the digital transformation of over 3,000 firms.

Xertica currently has presence in 5 countries: Mexico, Colombia, Peru, Argentina, and Ecuador. Recently, Xertica was named an Endeavor company in June 2017 and Google Cloud Partner of the year in 2016.

With a highly qualified and specialized team of 200 people, Xertica has implemented the most advanced technologies in Software, Infrastructure and Platform ‘as a Service’ modalities. Additionally, the company has developed a methodology which places an emphasis on the human side of technological change through in-person training and consulting services. The focus on this key component of implementation and change management enables Xertica to enhance the success of the enterprise digital transformation.

The IT storage and processing industry is shifting rapidly from On-premise to Cloud. The Cloud market currently exceeds $128B dollars globally. The Public Cloud market in Latin America is growing very rapidly at over 27% annually and is expected to reach $35B dollars by 2021. Google is a major player in the Public Cloud sector, competing primarily with Amazon and Microsoft, and commercialising its product offering through Google Cloud Partners such as Xertica. The cloud products Google distributes through its Partners include Software as a Service collaborative tools (GSuite, Google Sheets/Docs/Slides and others), and Infrastructure and Processing Platform tools (Google Cloud Platform). 1

Xertica’s $6.5 million dollars Series A capital raising, which Dalus Capital is leading alongside Endeavor Catalyst and EMTV, will allow the company to double its investment in its new Big Data, Analytics and Machine Learning service offerings.

Xertica’s CEO, Antonio Couttolenc, stated: “With this investment Xertica will continue to expand its digital transformation ecosystem to bring a new set of services to the market by enabling our customers to expand its digital business connections, empowering its employees to boost its execution and innovation capabilities and democratizing the technology for all the market segments”.

“We are observing a very fast transition of companies across all sectors towards public cloud storage and processing. This is occurring on a global scale and at an especially fast pace in Latin America.

Thanks to its regional leadership and the unparallelled experience of its entrepreneurial team, Xertica is ideally positioned to take advantage of this market opportunity,” mentioned Diego Serebrisky, founding partner of Dalus Capital, who has joined Xertica’s Board of Directors.

Andres Cerisola, chairman of the family office EMTV added that: “Xertica is the combination of an outstanding team of entrepreneurs with a company in a hot sector with significant recurring revenue and growth opportunities. We are very excited about our participation in this Xertica Series A round, and grateful to both the entrepreneurs and Dalus to have made room for us to be part of it.”

Dalus Capital is led by co-founding partners Diego Serebrisky and Rogelio de los Santos, and its investment in Xertica is part of its second fund portfolio. This investment is enabled by a CKD issued on the Mexican Stock Exchange and a parallel fund that aggregates other investors including several family offices. Dalus seeks to invest in 15 high-growth Mexican and Latin American companies differentiating through innovation.

-----

More about Dalus Capital

Dalus Capital’s vision is to support the best entrepreneurs in Mexico and Latin America that are creating high-growth companies, based on innovative technologies or business models. These companies, together with the capital and experience Dalus Capital contributes, can grow their business and earn recognition as some of the region’s greatest success stories. Dalus Capital is a member of the Draper Venture Network ( drapernetwork.com ), an organization of independent investment funds from 4 continents which collaborate and co-invest in projects. Dalus Capital is led by Diego Serebrisky and Rogelio de los Santos, and has offices in Mexico City and Monterrey. More information is available at daluscapital.com .

 

More about Xertica

Xertica is the leading Cloud Consulting company in Latin America,, enabling the digital transformation of over 3,000 firms in Mexico, Colombia, Peru, Argentina, and Ecuador. With a highly qualified and specialized team of 200 people, Xertica has implemented the most advanced technologies in Software, Infrastructure and Platform ‘as a Service’ modalities. Additionally, the company has developed a methodology which places an emphasis on the human side of technological change through 2 in-person training and consulting services. The focus on this key component of implementation and change management enables Xertica to enhance the success of the enterprise digital transformation.

Xertica has raise a financing round that will allow the company to double its investment in its new Big Data, Analytics and Machine Learning service offerings. All of this has converted Xertica in the largest Google Cloud Partner in Latin America.