Layered Technologies, provider of on-demand and cloud computing IT infrastructure, today announced that it has received a growth equity investment provided by a group of investors led by Accel-KKR, a technology-focused private equity investment firm. Layered Tech’s two primary existing investors, Enhanced Equity Fund, L.P., and Pangloss International, also participated.
The investment will be used to fund continued growth and expansion of Layered Tech’s industry-leading managed services, cloud computing and virtualization product offerings, as well as to further capitalize the business to support its existing customer base.
Founded in 2004, Layered Tech is a leading global provider of managed dedicated hosting, on-demand virtualization/cloud computing and Web services. With eight top-tier data centers around the world, the company’s infrastructure powers millions of Web sites and Internet-enabled applications including e-commerce and software as a service (SaaS). Layered Tech has seen rapid growth in recent years, and in 2009 was ranked in the top 15 percent of Deloitte LLP’s Technology Fast 500, and was also named to the Inc. magazine list of the 5,000 fastest-growing private companies.