Highstreet IT Solutions, a Rockville, MD-based cloud-focused Oracle implementation and managed services provider, received an investment from CIVC Partners.
The amount of the investment – made in partnership with CEO Nick Magliato, CFO Ben Davies, and the Highstreet management team – was not disclosed.
The company intends to use the funds to expand operations and its business reach.
Highstreet is a cloud-focused Oracle implementation and managed services provider offering services across a client’s entire cloud lifecycle. The company offers a suite of services, from up-front strategy and design assessments, to implementing and migrating to cloud environments, to long-term managed services.
The partnership with Highstreet builds on CIVC’s investment experience in IT services. Other investments included Datavail (data managed services), Industrial Networking Solutions (industrial IoT solutions), Allata (digital engineering services), iVision (managed IT services), and KeyData (cybersecurity services).
FinSMEs
21/02/2024