2nd Watch Secures $23 Million Growth Capital Round to Lead the Enterprise Move to Amazon Web Services
(Marketwire Via Acquire Media NewsEdge) SEATTLE, WA -- (Marketwired) -- 11/05/13 --
2nd Watch, Inc., a global leader in building, deploying and managing Amazon Web Services (AWS)-based IT operations for enterprise applications, today announced it has secured $23 million in growth financing. The investment from new and existing investors will enable the company to expand product development to simplify the migration and management of enterprise applications in the cloud. 2nd Watch designs, builds and manages all aspects of an enterprise's transition to a lower cost and more agile cloud infrastructure. The round was led by Columbia Capital with participation from Madrona Venture Group.
"Cloud computing has changed the way businesses operate and AWS has quickly become the foremost infrastructure-as-a-service platform," said Kris Bliesner, CEO, 2nd Watch. "The enterprise is drawn to AWS due to its attractive economics and rich feature set, but a move to the cloud can be complex. At 2nd Watch, we appreciate the myriad considerations of the CIO and ensure that our customers manage risk while capturing the ongoing benefits of cloud transformation. This investment will support our rapid growth and strengthen our ability to serve our enterprise customers."
AWS has driven mainstream adoption of the cloud. The most recent Gartner Magic Quadrant for Infrastructure-as-a-Service (IaaS) platforms found that market momentum has strongly favored AWS within many enterprise organizations. As a global AWS Premier Partner, 2nd Watch has established itself as a leader of enterprise cloud migration. Having successfully completed more than 300 public cloud migrations and with 60,000 server instances under management, the company has proven its ability to help the enterprise navigate its journey to the cloud. On average, its customers achieve 50-70 percent savings over on-premise IT solutions.
"2nd Watch has become one of the premier providers of software tools and services that allow enterprise customers to leverage AWS for cloud-based IT operations," said Jason Booma, partner at Columbia Capital. "The company's progress is very encouraging and we are excited to participate in this financing round as it will allow 2nd Watch to extend its leadership in the market."
About 2nd Watch2nd Watch is a global leader in building, deploying and managing Amazon Web Services (AWS) based IT operations for enterprise customers. 2nd Watch assists customers in evaluating the economics of moving IT operations into AWS, designs and builds highly reliable and scalable AWS based enterprise IT platforms, and provides software tools and management services that enable enterprises to deploy, manage and optimize cloud based IT operations infrastructure. 2nd Watch has effectively moved over 2MW of enterprise data center capacity into the AWS cloud as part of 300+ platform and data center migrations. 2nd Watch is an AWS Premier Consulting Partner and is headquartered in Seattle, WA with offices in San Francisco, New York and Atlanta. For more information, try the TCO Calculator at tco.2ndwatch.com, email email@example.com, visit www.2ndwatch.com or call 1-888-317-7920.
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Source: 2nd Watch, Inc.
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