What is Atlas Cloud?
Founded in 2010 and headquartered in Newcastle upon Tyne, United Kingdom, Atlas Cloud specializes in designing, building, and delivering tailored hosted desktop solutions (DaaS) and infrastructure as a service (IaaS) to clients worldwide. The company's offerings are geared towards providing robust and scalable cloud IT services, enabling businesses to leverage advanced IT infrastructure without the complexities of on-premises management.
How much funding has Atlas Cloud raised?
Atlas Cloud has raised a total of $3M across 2 funding rounds:
Unspecified
$588K
Private Equity
$2.4M
Unspecified (2014): $588K with participation from North Star Ventures
Private Equity (2020): $2.4M led by Mercia Group Ltd
Key Investors in Atlas Cloud
Mercia Group Ltd
Mercia Group Ltd is a significant backer in Atlas Cloud's funding history, indicating a strategic partnership in the company's growth.
North Star Ventures
North Star Ventures is a venture capital firm focused on high-growth businesses in North East England, managing funds backed by European institutions. Their investment in Atlas Cloud highlights a commitment to early-stage, innovative companies within the technology sector.
What's next for Atlas Cloud?
The substantial enterprise-level funding, particularly the recent strategic investment, positions Atlas Cloud for accelerated expansion and innovation. This capital infusion is likely to fuel further development of its DaaS and IaaS platforms, enhance its global service delivery capabilities, and potentially support strategic acquisitions or partnerships. The company's focus on tailored solutions suggests a strategy aimed at capturing market share by meeting specific enterprise needs, with future growth expected to be driven by increased demand for flexible and secure cloud infrastructure.
See full Atlas Cloud company page