Cloud Technology Partners Closes Series C Funding Round

"Our clients are turning to CTP to design and implement cloud-native software solutions leveraging the Internet of Things (IoT), Big Data, Machine Learning, Blockchain and other emerging technologies. We are already working on some of the world's most advanced IoT initiatives and we will be using this round to continue to expand our IoT, software development and innovation capabilities," said John Treadway, Senior Vice President, Cloud Technology Partners.

3) Building CTP's Managed Services Capabilities

This April, Rackspace and Cloud Technology Partners announced a strategic partnership to deliver professional and managed services for enterprises leveraging Amazon Web Services, Microsoft Azure and other cloud platforms.

"The Rackspace and CTP teams are integrating our offerings to create a new category of managed services and provide enterprise clients with unparalleled end-to-end cloud services," said Brian Ott, Vice President and Shared Services Practice Lead, Cloud Technology Partners. "We reduce the risk and accelerate the success of our clients' cloud adoption and ongoing operations by working as one cohesive team from the early stages of an engagement through the operations and optimization phases. This eliminates any disruption during a client's onboarding to a management platform."

From cloud strategy through ongoing operations, the new joint offerings deliver the best managed services, software and intellectual property available on the market. 

4) Expanding CTP's Sales & Delivery Teams

"In order to meet unprecedented market demand, we are also using the C round to grow our sales and delivery teams both across the United States and Internationally," said Bruce Coughlin, Executive Vice President, Cloud Technology Partners.  "The market opportunity is staggering and we look forward to scaling globally to support our enterprise clients. This funding will allow us to invest properly in both sales and delivery, while also driving the innovation that our clients expect."

About Cloud Technology Partners

Cloud Technology Partners (CTP) is the premier cloud services and software company for enterprises moving to AWS, Google, Microsoft and other leading cloud providers. From strategy to operations, CTP accelerates end-to- end cloud adoption with the best implementation services, software and intellectual property available on the market. CTP's comprehensive framework for cloud adoption and dedicated software development capabilities help clients achieve business results faster, no matter where they are in their cloud transformation. For more information, please visit: www.cloudtp.com.

Cloud Technology Partners, cloudTP and CTP are registered trademarks of Cloud Technology Partners. All other company, brand and product names contained in this announcement may be trademarks or registered trademarks of their respective holders.

PR Contact:
Nicole Gorman
Corporate Communications
Cloud Technology Partners
M: 508-397- 0131
nicole.gorman@cloudtp.com

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SOURCE Cloud Technology Partners