Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, January 15 2020 - 04:57
AsiaNet
Lemongrass Secures $10 Million Series C Financing Round Led by Blue Lagoon Capital
ATLANTA, Jan. 15, 2020 /PRNewswire-AsiaNet / --

Global SAP(R) on AWS(R) services firm announces infusion of experienced board 
members and leadership team to bring renewed commitment to strategic vision and 
accelerate sales, marketing and execution of aggressive product roadmap.   


Lemongrass Consulting [https://lemongrassconsulting.com/], the leading 
professional and managed service provider of SAP enterprise applications 
running on AWS hyperscale cloud infrastructure, today announced it has 
completed a $10 million Series C round of financing. Blue Lagoon Capital 
[https://www.blu.biz/] led the investment round with participation from 
existing investor Columbia Capital. The investment brings Lemongrass's total 
funding since launching its services to $29.3 million and will enable the 
company to build out its senior leadership team, broaden and accelerate product 
development, and aggressively expand its sales and marketing efforts. 

Lemongrass, founded in 2008 by Eamonn O'Neill and Walter Beek, is recognized as 
the leading professional and managed service provider focused solely on the 
complex task of running SAP on AWS. The company provides end to end support for 
the entire client lifecycle spanning discovery, landing zone build out, 
workload migration and implementation at scale, and ongoing operational 
services. Additionally, the company has developed a cloud management platform, 
MiCloud [https://lemongrassconsulting.com/sap-automation/], widely recognized 
as the most sophisticated set of purpose-built tools to facilitate the 
migration of SAP to the AWS cloud, and to support the on-going operation of the 
resulting SAP on AWS environments. Automation includes a full suite of 
migration, build and steady-state run services, self-service deployments and 
self-healing capabilities. 

Lemongrass works with leading enterprises, across multiple verticals in the 
Americas, EMEA and APAC. The company has been working with AWS since 2010, is a 
Premier APN Consulting Partner, was the second company globally to achieve the 
SAP on AWS capability and was just recently awarded the coveted AWS Migration 
Competency award, in addition to the AWS Managed Services Competency award, in 
recognition of the thousands of SAP systems that they have migrated with a 100% 
success rate.

"Lemongrass is an exceptional company. The magnitude of their vision and the 
quality of their solutions positions them well to dominate the SAP on AWS 
growth market," said Rodney Rogers 
[https://en.wikipedia.org/wiki/Rodney_J._Rogers], Co-founder and General 
Partner, Blue Lagoon Capital. "We could not be more delighted about this 
investment."

In addition to the investment, Rogers will join Lemongrass as Chairman of the 
Board. Rogers is an expert technologist with more than 30 years of success in 
the technology services industry, recognized most recently for his leadership 
as Virtustream's co-founder and CEO, a technology startup that achieved a 
billion-dollar+ valuation through its acquisition by EMC in 2015. Also, new to 
the Board is Kevin Reid, co-founder and CTO of Virtustream and co-founder and 
General Partner at Blue Lagoon Capital. Kevin is a technology entrepreneur with 
over 30 years of experience creating software enabled solutions that deliver 
efficiency, enable innovation and drive superior financial results for 
enterprises worldwide.

The company also announced new appointments to round out the global management 
team and bring aboard the additional experience needed to support Lemongrass's 
next era of growth and maturity.

Mike Rosenbloom joins the company as the Group CEO. Mike has over 25 years in 
IT Leadership and comes to Lemongrass from Accenture where he was Managing 
Director for the company's Intelligent Cloud & Infrastructure business. 

Walter Beek, previous Group CEO of Lemongrass, will continue with the company 
in the role of Co-founder & Chief Innovation Officer and will focus on his 
passion for driving the innovation agenda for the company's services and the 
MiCloud platform.

"These are exciting times for Lemongrass and the momentum we have in our 
business is evident." said Beek. "Our business has ambitious goals to pursue 
and achieving them will require immense skill, rapid growth and scale, and 
collaborative leadership. The addition of Rodney, Kevin, Mike and the rest of 
the new executives to our current accomplished team marks an important 
milestone in Lemongrass's evolution. I'm confident we will grow faster, 
innovate as never before, and truly differentiate ourselves in this market."

Other new leaders joining Lemongrass's executive leadership team at this time 
are:

Mike Provenzano, Chief Financial Officer

Mike has over 25+ years of high-tech and software executive experience 
providing strategic, financial and operational leadership to both public and 
private companies at various stages of their development. Prior to Lemongrass, 
Mike was CFO of Virtustream, a cloud services and software provider.
Lisa Desmond, Chief Marketing Officer

Lisa brings 20+ years of experience in global IT marketing creating and 
operationalizing marketing visions for entrepreneurial tech businesses. Lisa 
was most recently CMO for Beep, an autonomous mobility solutions company, and 
before that, she was the CMO of Virtustream. 
"The most exciting days for Lemongrass are ahead. This is a remarkable team and 
I am honored to be a part of this journey," said Mike Rosenbloom, Lemongrass's 
new CEO. "This latest funding and the strategic addition of these key leaders 
will drive exponential growth, enable strategic investments 'ahead of the 
curve', increase operational discipline, and inspire our team to be the 
absolute best as we execute on our commitments to our customers, partners, and 
investors."

About Lemongrass

Lemongrass Consulting, headquartered in Reading with operations in all global 
geographies, was established in 2008 as a specialist SAP Technology 
consultancy. Lemongrass specializes in the implementation, migration, 
operation, innovation and automation of SAP on AWS, covering both the SAP 
Business Suite and Business One applications. The company is an AWS Premier 
partner, an Advanced APN Consulting Partner, an AWS accredited Managed Service 
Provider and was the second company globally to achieve the SAP on AWS 
capability.

To learn more about Lemongrass, visit https://lemongrassconsulting.com/.

 

Contact: Amanda Sumner, Lemongrass Consulting, asumner@lemongrassconsulting.com 
| +44 (0) 844-357-7863   


SOURCE: Lemongrass Consulting