Tier 3 Raises $10M in Series B Financing

Published On October 4, 2012 |

Tier 3, Inc., a Bellevue, WA-based enterprise cloud platform company, has raised $10m in Series B financing.

The round was led by Intel Capital, with participation from existing investors Ignition Capital and Madrona Venture Group.

The company intends to use the funding to accelerate innovation and extend its reach internationally.

Founded in 2006 by CEO Jared Wray, Tier 3 has delivers enterprise-class cloud infrastructure (IaaS) and platform as a service (PaaS) capabilities to global enterprises and service providers in a single platform.
The company recently announced new cloud server group management capabilities to provide customers precise control of their workloads while minimizing server sprawl.
Tier 3 has regional presence in multiple locations in North America and Europe.

FinSMEs

04/10/2012

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