Cloud Ace’s Parent Company Yoshidumi Holdings Raises 1 Billion Yen with Norinchukin Bank, SMBC Venture Capital, Resona Capital, and Existing Shareholders as Underwriters

PRESS RELEASE

26 February 2021
Cloud Ace, Inc.

Cloud Ace, Inc.’s parent company Yoshidumi Holdings Co., Ltd. (Headquarters: Tokyo Chiyoda City, CEO: Ayatoshi Yoshidumi, hereinafter referred to as “we,” or “our”), with the aim of strengthening business both domestic and overseas, has completed fund-raising totalling 1 billion yen with

  • Norinchukin Bank (headquarter: Chiyoda, Tokyo, COB: Kazuto Oku)
  • SMBC Venture Capital Co., Ltd. (1) (headquarter: Chuo, Tokyo, President and CEO: Koichi Noda)
  • Resona Capital Co., Ltd. (1) (headquarter: Koto, Tokyo, President and CEO: Takashi Miyajima)

and pre existing shareholders as underwriters.

The funds raised are planned to be allocated to activities such as; recruiting gifted talent to increase quality of services, increasing the speed of our services development, further overseas expansion, and promotion, among other things.

We are a certified Google Cloud™ Managed Service Provider and a cloud integrator specializing in Google Cloud, with experience providing one-stop support for everything from planning cloud integration to operations/maintenance. We currently operate in 8 countries in Asia, and through this round of fund-raising we hope to further accelerate our enterprise oriented business, and will endeavor to increase the quality of our technical support and system development as a Google Cloud Premier Service Partner, further develop our services to better cater to the needs of our Google Cloud utilizing clients, and strengthen our position as a whole.

In addition, we have agreed with Google Cloud to a non-binding, multi-year agreement with the goal of reselling and offering 15.5 trillion yen worth of Google Cloud’s technologies and services. Our group will continue to commit to Google Cloud, and support our client companies’ digital transformation.

In response, Cloud Ace Inc.’s President and CEO Makoto Aoki stated the following.

“Through this fund-raising, Yoshidumi Holdings Group has arrived in the growth phase for not only the main domestic business company that is Cloud Ace, but also for overseas business companies. Our investors have a deep understanding of the services our company provides, and through their strong support for our companies which have a wide range of expertise and diverse networks, we want to further accelerate our service rollout and business growth both domestically and overseas.”

(1)The Investment Limited Partnerships or Investment Business Associations operated by those companies 

〈Related Press Releases〉 

・Cloud Ace’s Parent Company Yoshidumi Holdings Raises 1 Billion Yen with Norinchukin Bank, SMBC Venture Capital, Resona Capital, and Existing Shareholders as Underwriters https://www.yoshidumi.com/newsindex  

・ Cloud Ace Agrees to a Non-Binding, Multi-Year Agreement to the Goal of Reselling and Offering 15.5 Trillion Yen Worth of Google Cloud Technologies and Services https://www.cloud-ace.jp/news/2020/18642/ 

〈Company Overview〉
Trade name: Cloud Ace, Inc.
Representative: Makoto Aoki
Location:Tokyo-to, Chiyoda-ku, Ootemachi 2-6-2
Business details: 100% subsidiary of Yoshidumi Holdings. Cloud integrator specializing in Google Cloud, providing one-stop support for everything from planning cloud integration to operations/maintenance. As a Google Cloud Managed Service Provider, offers everything from technical support to consulting, system development and Google Cloud certification training. Operates out of 4 cities domestically and 8 countries overseas, answering the diverse needs of companies promoting DX usage in tandem with over 120 partners.
Company website :https://www.cloud-ace.jp/

Trade name: Yoshidumi Holdings Co., Ltd.
Representative: Ayatoshi Yoshidumi
Location: Tokyo-to, Chiyoda-ku, Ootemachi 2-6-2
Business Details : Pure Holding Company
Company Website :https://www.yoshidumi.com/

■ Inquiries
Contact us for information of our services.
PT. Cloud Ace Integra Sales & Marketing Department
E-mail:sales@id.cloud-ace.com

■ Inquiries relating to press releases
Cloud Ace, Inc. Marketing Department Public Relations representative
E-mail:pr@cloud-ace.jp


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