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Effectual helps Ginnie Mae transform digitally despite government hurdles

Effectual helps Ginnie Mae transform digitally despite government hurdles
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Effectual Awarded 10-Year Cloud Services Contract with Ginnie Mae

Share this article Share this article JERSEY CITY, N.J., April 14, 2021 /PRNewswire/ Effectual, a modern, cloud first, managed and professional services company, has been awarded a 10-year dedicated cloud services contract with the Government National Mortgage Association (GNMA or Ginnie Mae). The $140M single award includes Effectual as co-prime, in collaboration with Amazon Web Services (AWS). An earlier announcement on October 27, 2020 by Ginnie Mae s contracting office listed JHC Technology as the co-prime. Effectual completed the acquisition of JHC Technology in January 2020 and will therefore be delivering the services awarded to JHC. For the next decade, Effectual will support Ginnie Mae s modernization initiatives and requirements as the corporation consolidates legacy platforms and leverages cloud native solutions to deliver more reliable, efficient, and higher quality services. Effectual will build a modern cloud infrastructure to integrate native AWS services with thi

Airtower Networks Secures Private Equity Funding from Lumerity Capital

Airtower Networks Secures Private Equity Funding from Lumerity Capital Share Article Investment will further accelerate Airtower s ongoing rapid growth “Airtower Networks experienced a record breaking year in terms of revenue, new bookings, networks deployed, and profitability. We have enjoyed getting to know Matt Kim, David Claroni, and the Lumerity team. This incremental funding will allow us to continue to scale the business.” Oliver Valente WASHINGTON (PRWEB) January 26, 2021 Airtower Networks, “One of The Fastest Growing Companies in America” (Inc. 500) and a leading wireless infrastructure provider, announced today that it has successfully closed on a round of new funding. The investment was made by Lumerity Capital, a private equity firm focused on investments in cloud and data infrastructure. With extensive experience within the data infrastructure ecosystem, Lumerity is well positioned to assi

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