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Cloud Business Solutions Company 2nd Watch Secures Venture Funding

Companies are increasingly looking to cloud solutions to address everything from basic computing to data warehousing, but there are several challenges associated with driving value from cloud. Leveraging the cloud can decrease risk and drastically reduce cost.

2nd Watch, a provider of cloud business solutions, simplifies cloud operations and management through a combination of software, services and analytics. It enables enterprises to save hundreds of thousands of dollars by migrating existing and emerging IT applications and processes to take advantage of secure public clouds. The company’s cloud management solution enables mid-size and enterprise customers to operate in the cloud more efficiently, decrease risk and increase profitability.

2nd Watch helps enterprises navigate the cloud landscape through a unique combination of software, services and analytics that make adopting and leveraging the cloud fast and simple. An Amazon Web Services (News - Alert) Premier Partner, 2nd Watch provides the cost of ownership tools referenced daily by Amazon Web Services customers and recently launched a new billing application, 2W Insight.

Recently the company closed a $4.2 million funding round led by Madrona Venture Group, with participation from other private investors. As part of the funding, McIlwain has joined the 2nd Watch board of directors.

"The public cloud, led by Amazon Web Services, is creating a dramatic shift in commercial computing and IT, but businesses need solutions partners to fully leverage the cloud," said Matt McIlwain, managing director, Madrona Venture Group, in a statement. "2nd Watch is a clear leader on delivering solutions fitted to where enterprise customers are today and where they are going in the future with cloud adoption.”

2nd Watch delivers efficiency to clients by shifting time-proven systems to the cloud. The company has grown its customer base drastically in the recent period. Through innovative, efficient implementation of cloud solutions, 2nd Watch customers gain profitable outcomes almost immediately.

"This round of funding continues to validate our strategy to bring Cloud Services to the mass market," said Kris Bliesner, CEO and co-founder of 2nd Watch. "We are very excited to partner with Madrona on our next level of growth. The cost high, value poor way of managing IT is over -- it's time for technology to work for you as a business, not the other way around."

Want to learn more about cloud computing solutions geared specifically towards small to medium-sized businesses?  Don’t miss the Cloud4SMB Expo, collocated with ITEXPO Miami 2013, Jan 29- Feb. 1 in Miami, Florida.  Stay in touch with everything happening at Cloud4SMB Expo. Follow us on Twitter.