Lemongrass, headquartered in Reading with operations in all global geographies, established in 2008 as a specialist SAP Technology consultancy, has completed a $10 million Series C round of financing. Blue Lagoon Capital led the investment round with participation from existing investor Columbia Capital.
Lemongrass Consulting is solely focused on the complex task of running SAP on AWS. As a managed service provider of SAP enterprise applications running on AWS hyperscale cloud infrastructure, 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 works with leading enterprises, across multiple verticals in the Americas, EMEA and APAC.
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 is an exceptional company,” said Rodney Rogers, Co-founder and General Partner, Blue Lagoon Capital. “We could not be more delighted about this investment. The magnitude of their vision and the quality of their solutions positions them well to dominate the SAP on AWS growth market.”
Cloud Management Platform
Founded in 2008 by Eamonn O’Neill and Walter Beek, Lemongrass Consulting 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, Lemongrass has developed a cloud management platform, MiCloud, with a “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 Consulting 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.
In addition to the investment, Rodney Rogers will join Lemongrass Consulting as Chairman of the Board. Mr. 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.
Lemongrass 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 Consulting, 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 Walter 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 the Lemongrass executive leadership team at this time include:
- Mike Provenzano, Chief Financial Officer (CFO)
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 (CMO)
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.”