Managed Cloud Startup 2nd Watch Lands $19M in VC

2nd Watch's subject matter experts, software-enabled services and solutions provide companies with tested, proven and trusted solutions.

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Managed-cloud provisioner 2nd Watch has landed $19 million in Series D funding led by Delta-v Capital.

Participation in the round came from previous investors Madrona Venture Group, Columbia Capital and Top Tier Capital Partners.

The new cash influx will be used to meet customer demand for 2nd Watch's managed cloud services and also for scaling its related cloud enablement and migration services, the company said March 2.

Founded in 2010, 2nd Watch was among the first audited AWS Managed Service Provider Partners. The firm has helped a high number of name brands embrace the cloud, including Crate & Barrel, Condé Nast, Coca-Cola North America, Lenovo, Motorola, SCOR and Yamaha, while managing more than 200,000 AWS instances per month across its client base.

2nd Watch's subject matter experts, software-enabled services and solutions provide companies with tested, proven and trusted solutions, enabling them to optimize use of the public cloud, the company said. The company's patent-pending, proprietary tools automate everyday workload management processes for big data analytics, digital marketing, line-of-business and cloud native workloads.

2nd Watch helps enterprises design, deploy and manage cloud solutions and monitors business critical workloads 24x7. The company has more than 400 enterprise workloads under its management and more than 200,000 instances in its managed public cloud.

2nd Watch has earned AWS Competencies in financial services, enterprise migration, DevOps, big data, marketing and commerce, life sciences and SharePoint, and was the first cloud-native managed services provider to earn SOC2 (Service Organization Controls) compliance. The firm is opening an East Coast Managed Cloud Services Center in Raleigh, North Carolina in 2017.

Service Organization Controls (SOC1 and SOC2) are a series of accounting standards that measure the control of financial information for a service organization. They are covered under both the SSAE 16 and the ISAE 3402 professional standards.

"2016 was a very successful year for 2nd Watch," 2nd Watch CEO Doug Schneider said. "We added multiple large-enterprise clients and expanded business with many more of our existing ones. Enterprises continue to accelerate their adoption and leverage of the public cloud on many fronts. They're telling us that traditional infrastructure solutions and partners are ill-equipped to manage workloads and virtual data centers in the public cloud.

"As companies move in this direction, they require support from partners like 2nd Watch that have experience managing the largest and most sensitive applications and workloads on AWS. The capital infusion will help us grow and support our customers the 2nd Watch way."

For more information, go here.
http://www.2ndwatch.com

Chris Preimesberger

Chris J. Preimesberger

Chris J. Preimesberger is Editor of Features & Analysis at eWEEK, responsible in large part for the publication's coverage areas. In his 12 years and more than 3,900 stories at eWEEK, he...