Private investment firm Comvest Partners acquires the financially troubled e-retailer, which filed for Chapter 11 bankruptcy protection in March.
Loudcloud’s technology automates, scales and monitors web function oversight.
Estee Lauder International has selected managed service provider Loudcloud Inc. to manage the day-to-day functions of its web operations. “By providing a cost-effective Internet site operations solution, Loudcloud is enabling Estee Lauder International to focus on creating compelling new content and applications that better meet the needs of its customers,” says Ben Horowitz, CEO and co-founder of Loudcloud.
Loudcloud provides outsourced global international operations for enterprise companies, application service providers and large-scale Internet businesses with proprietary technology that automates, scales and monitors Internet operations functions previously done manually. It manages its infrastructure network through a network of data centers and operations centers in North America and Europe. Other Loudcloud clients include Britannica.com, Blockbuster Inc. and Nike Inc.