Series C funding round for Cloud Technology Partners closes

Cloud services and software company Cloud Technology Partners (CTP), has closed its Series C funding round led by existing investors Rackspace (NYSE: RAX), State Street Bank (NYSE: STT) and Pritzker Group Venture Capital, the company said.

The company said Scott Crenshaw, senior vice president strategy and product at Rackspace and Antoine Shagoury, executive vice president and CIO at State Street Bank, have joined the Cloud Technology Partners board of directors.

The company said the funding will be focused on expanding the cloud adoption program, expanding CTP´s digital innovation practice, building CTP´s managed services capabilities and expanding CTP´s sales & delivery teams.

Cloud Technology Partners (CTP) is a cloud services and software company for enterprises moving to AWS, Google, Microsoft and other leading cloud providers.