Queensland-born application virtualisation firm Cloud DC in liquidation, Citrix partnership ends

By on
Queensland-born application virtualisation firm Cloud DC in liquidation, Citrix partnership ends

Cloud DC, the Queensland-founded developer of a virtual application service that ran on Amazon Web Services, has entered liquidation.

David Whyte and Andrew Fielding of BDO were appointed administrators on 22 February. A report from the first creditors meeting saw claimed debts totalling more than $380,000. Whyte and Fielding were then appointed as liquidators of the company on 31 March.

CRN understands that a Citrix and Cloud DC partnership that made headlines last year has been shelved.

Ran as a 100 percent channel company, Cloud DC was founded by Steve Robinson in 2011 and expanded to an office in Austin, Texas. Its product was initially launched as OfficeBox.

According to a report filed with ASIC, the bulk of the purported debts is owed to the Beltane Family Trust and GL and GM Robinson, which are reportedly owed $313,000. The other creditors included Aaron King ARF Holjar Family Trust and Safetynet Communications, which recorded owed amounts of $35,475 and $23,650, respectively.

Documents filed with the corporate regulator also show the company wrapped the 2016 financial year with a reported loss of $320,000, which followed a $1.14 million loss in the 2015 financial year.    

In an interview with CRN last year, Robinson was hopeful of gaining further market penetration through an agreement with Citrix that would see most of the virtualisation vendor’s 10,000 partners globally sell the product, which is built on Citrix architecture and runs on AWS.

A Citrix spokesperson confirmed to CRN the deal had come to an end. “It is never good to see a company in administration and given the situation there are no ongoing transactions between Cloud DC and Citrix. Citrix is committed to the Australian market and our partner network,” the spokesperson said.

The company was Robinson’s second major IT venture, after he founded and sold iExec to Brennan IT for “seven figures”.

CRN attempted to contact Steve Robinson, Cloud DC and BDO for comment.

Got a news tip for our journalists? Share it with us anonymously here.
Copyright © CRN Australia. All rights reserved.
Tags:

Most Read Articles

You must be a registered member of CRN to post a comment.
| Register

Poll

What does 2019 hold for you?
Business as usual, focused on organic growth
I'm looking to sell my business
I'm going to acquire another business
View poll archive

Log In

Username / Email:
Password:
  |  Forgot your password?