Cloud Technology Partners
CEO: Chris Greendale
New Funding: $5 million
Backers: Oak Investment Partners, State Street Bank, angels
Cloud Technology Partners works to develop cloud applications and infrastructures with the goal of reducing IT costs and ensuring a quick turnaround to market. It has already completed more than 50 engagements for enterprise clients across the world. The investment will help support the company's growth and expand offerings, including PaaSLane, the company's first application migration product, according to the company's press release.