# Cloud Technology Partners

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cloud-technology-partners

- Industry: IT Infrastructure
- Headquarters: Boston, US
- Website: www.cloudtp.com
- Total disclosed funding: $27M
- Latest round: Series C (Apr 8, 2016)
- Investors on record: 5

## About

Established in 2009 and based in Massachusetts, US, Cloud Technology Partners, Inc., a.k.a CTP is a provider of cloud computing professional services and software for mid-market and enterprise customers. In December 2014, Cloud Technology Partners raised USD 7.70 million in Series B funding co-led by Oak Investment Partners and Pritzker Group Venture Capital, and in April 2016, it raised USD 12.97 million of Series C funding from Rackspace, State Street Bank, and Pritzker Group Venture Capital. In September 2017, CTP was acquired by Hewlett Packard Enterprise Development LP and it has approximately 200 employees. 

Cloud Technology Partners, Inc. helps companies plan, design, and build cloud solutions that reduce IT costs and streamline operations. The company's services include app migration, app development, cloud computing strategy and roadmap, DevOps, and cloud infrastructure services for Amazon Web Services and Google Cloud Platform. Also, CTP Labs builds cloud products to transform existing ISVs into cloud software providers.

## Funding rounds

- Series C, Apr 8, 2016, $13M — Pritzker Group Venture Capital, Rackspace US, Inc., State Street Bank
- Series B, Jun 30, 2015, $3.5M — Oak Investment Partners, Pritzker Group Venture Capital
- Series B, Dec 3, 2014, $7.7M — Oak Investment Partners, Pritzker Group Venture Capital, Alpha Partners
- Series B, Jul 3, 2013, $3.3M — Oak Investment Partners, State Street Bank

## Investors

- Oak Investment Partners (https://capitalatlas.ai/funds/oak-investment-partners) — Series B
- State Street Bank — Series B, Series C
- Pritzker Group Venture Capital (https://capitalatlas.ai/funds/pritzker-group-venture-capital) — Series B, Series C
- Alpha Partners (https://capitalatlas.ai/funds/alpha-partners) — Series B
- Rackspace US, Inc. — Series C