Tuesday, October 14, 2014

2nd Watch Gets $10M

Seattle-based 2nd Watch, which develops cloud migration services to enterprises, said today that it has raised $10M in additional venture funding. The funds came from Top Tier Capital Partners, along with Madrona Venture Group and Columbia Capital. The funding is part of a Series C round kicked off in November of 2013. According to the startup, the new funds also come with the appointment of a new CEO, Doug Schneider. Schneider was most recently EVP and GM at Australian web hosting firm Melbourne IT, and also served at Verio, AllCall (sold to Nextel), Colorado Internet Services (acquired by Verio), Genea and Transaction Wireless. The company said founder and former CTO Kris Bliesner shifts to CTO.