Cloud Technology Partners Raises undisclosed amount


Cloud Technology Partners (cloudTP) logo. (PRNewsFoto/Cloud Technology Partners Inc. (cloudTP))

What does Cloud Technology Partners do?

Cloud Technology Partners, is the premier cloud services and software company for organizations moving to cloud. The company helps other companies in planning, designing and building cloud solutions for apps and infrastructures which reduce information technology costs, accelerate time for marketing and streamline operations. With targeted tools and methodologies and a comprehensive cloud focused service portfolio, the company enables the world’s leading institutions and businesses in innovation via cloud computing. Engagement expertise includes cloud strategy consulting, systems integration, private cloud deployment, app development and migration, and cloud security and governance. The company designs and builds cloud solutions for infrastructures and applications which lower the information technology costs and streamlines operations.

How much Cloud Technology Partners was funded?

The company raised Undisclosed amount in Series C:on August 31, 2016 from Pritzker Group Venture Capital, Rackspace and State Street Bank Trust.

Previous funding

$1M in Series A on June 10, 2011

$400k in undisclosed round on December 23, 2011

$2M in Series A on September 24, 2012

$5M in Series B on August 20, 2013 from Oak Investment Partners

$9.1M in Series B on December 9, 2014 from Oak Investment Partners and Pritzker Group Venture Capital

$3.5M in Series B on June 30, 2015 from Pritzker Group Venture Capital and Oak Investment Partners

$12.97M in undisclosed on April 22, 2016

What is next for Cloud Technology Partners?

Cloud Technology Partners plans to use the latest funding raised for expanding the Cloud Adoption Program, Building CTP’s Managed Services Capabilities, Expanding CTP’s Digital Innovation Practice and Expanding CTP’s Sales & Delivery Teams.

More about Cloud Technology Partners

Cloud Technology Partners was founded in on June 1, 2009 by Erik Sebesta, Chris Greendale and Jon Rounds. It has its headquarters in Boston, MA. This company is the premier cloud services and software company for enterprises moving to Google, AWS, Microsoft and other leading cloud providers. This company from strategy to operations, accelerates end to end clous adoption with the best implementation services, intellectual property and software available on the market.