NEWSROOM

AK Asset Management acquired 25% of Bulutistan, which was named the fastest growing technology company in Turkey by Deloitte in 2019.

*** This release is originally published in Turkish.
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ISTANBUL (TR) - Bulutistan, which stands out as the fastest growing technology company in Turkey with a growth of 9,682 percent in revenue over the last four years, has consolidated its place among the global players in the world of cloud technologies with the latest investment. Founded by Begim Anıl Başlıgil and Orçun Murat Özalp in 2015, 25% of the company was acquired by AK Asset Management First and Second Venture Capital Investment Fund. Offering hybrid cloud solutions such as data storage and cloud management as a cloud system integrator, Bulutistan became the 20th fastest growing technology company in the EMEA region in the Deloitte Technology Fast 500 EMEA 2019 list, where the fastest growing technology companies in the Europe, Middle East and Africa (EMEA) region were determined.

“We are proud of the support we have received on this road we set off with the aim of becoming a TurkCorn”

Indicating that the investment they received from AK Asset Management is an important source of inspiration for new targets, Bulutistan Founding Partner Orçun M. Özalp said, “As a technology company established in Turkey with 100 percent Turkish capital today, we are pleased to see that both reap the fruits of success we have proven in the international arena. The support we have received from AK Asset Management on this path, which we have moved forward with the goal of creating a “unicorn company” from Turkey and becoming a Turkcorn, moving the value of our company to $1 billion and above, is a proud. In 2019, we will continue to be one of the important players in the cloud market, which has gained a great momentum by growing by 29% on a dollar basis and represent Turkey in the best way.”

Won many awards in the last five years

The Turkish technology company, founded just five years ago and awarded many awards for its achievements in a short time, finally received the Outstanding Solution Winner award at the IBM Beacon Awards competition. Bulutistan, which has won the Best Practice Award twice before in the same competition, is also among the 21 Turkish companies that entered this year's Deloitte Technology Fast 500 EMEA List.

About Bulutistan

Founded in 2015, Bulutistan is the fastest growing technology company in the last four years with innovative IT services offered from local data centers that comply with regulations. Headquartered in Istanbul, Turkey, Bulutistan provides value-added cloud services as a boutique cloud computing platform focused on increasing the export of IT services as the first company integrated into the Equinix Global Connectivity (Cloud Exchange) Network from Turkey. With deep expertise in SAP solutions, Bulutistan provides high-performance, highly accessible and managed SAP services to organizations across Turkey and Europe. Selected as the fastest growing technology company in Turkey by Deloitte Technology Fast 50 Turkey 2019 program, Bulutistan is the recipient of the 2020 IBM Beacon Award for its exceptional services that guide Customer Innovation and transformation.