Follow the Money: 10 Recent Tech VC Investments To Watch In August

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Cloud Technology Partners

Headquarters: Boston

CEO: Chris Greendale
New Funding: $5 million
Round: B
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.

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