BitTitan Raises $15M in Series A Funding For Its Cloud Enablement Platform For MSPs

On June 9, cloud services enablement provider BitTitan finalized $15M in Series A funding led by TVC Capital. BitTitan’s MSPComplete platform helps companies sell cloud services, onboard cloud workloads and deliver enterprise-grade customer support. For example, BitTitan helps Managed Service Providers (MSPs) sell Office 365, Azure and related cloud services. In addition, MSPs can use BitTitan’s MigrationWiz to transfer workloads to the cloud and subsequently accelerate the transition of enterprises from on-premise to cloud-based deployments. BitTitan also facilitates the delivery of production-grade support for cloud-based workloads and applications and thereby gives MSPs a comprehensive suite of tools with which to build cloud revenue. BitTitan supports a range of cloud platforms that includes Microsoft Azure, Amazon Web Services, Google Cloud Platform and Dropbox. The Series A funding marks the first formal capital raise for BitTitan since its founding in 2007. Tao Capital Partners also participated in the capital raise which will be used to enhance BitTitan’s MSPComplete platform, facilitate its expansion into new geographies and consolidate its market position as a leading cloud services enablement vendor for MSPs. Given that the company has been bootstrapped since its inception, expect BitTitan to gain even more traction within the cloud MSP space with $15M in the bank, particularly as the global market for cloud services continues to experience aggressive and significant growth.

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