About PTP
PTP is a Technology company based in Norwood (United States) founded in 2018. PTP is recognized as a cloud solutions provider for biotech organizations. It operates on a Managed Services and HealthTech model. PTP has completed 1 acquisition, including Stratogent. PTP offers products and services including CloudOps, FinOps, DevOps, SecOps, and NetOps. Its focus areas include Cloud Computing, Managed Cloud Services, Healthcare and Biotechnology. Its legal entity is Pinnacle Technology Partners, Inc. Its competitors include Genpact, 1&1 IONOS and Mavenir; 1 of its 3 listed competitors has raised funding.
Company details
PTP is established as a leader in providing cloud managed services tailored for biotech and life sciences organizations. Solutions are developed to optimize research environments using AWS cloud technology. Services including CloudOps, FinOps, DevOps, SecOps, NetOps, and UserOps are offered to enhance performance, reduce costs, and ensure security. Support is extended to sectors like genomics, precision medicine, clinical research, digital health, and medical devices. Operations are focused on enabling faster research, regulatory compliance, and innovation in the biotech industry across the USA and globally.
- Investors
- Investments & Acquisitions
Products & Services of PTP
PTP offers a comprehensive portfolio of products and services, including CloudOps, FinOps, DevOps, SecOps, and NetOps.
Pipelines are optimized and performance is enhanced through management.
Cloud costs are reduced while maintaining reliable performance levels.
Data processing is automated to improve manageability and reduce costs.
Data security is prioritized to protect sensitive biotech information.
Global data sharing is enabled for seamless research collaboration.
End-user IT issues are resolved with tailored biotech support.
Funding Insights of PTP
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of PTP with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in PTP
PTP has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 424 Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
424 Capital is engaged in growth equity investments and advisory. | 2019 | 424capital.com | Wakefield, United States |
Investor details for PTP
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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People of PTP
15 people are tracked at PTP (7 in leadership, 8 in team).
| Name | Role | Group |
|---|---|---|
Mike McElaney | Partner | Leadership |
Eric Ransden | Partner | Leadership |
Scott Scheirey | Scientific Partner Advisor | Leadership |
Rick Pitcairn | Vice President Managed Services | Leadership |
Dan Lattuada | Director Of Operations | Leadership |
Gary Derheim | Vp, Marketing & Business Development | Leadership |
Ethan Simmons | Managing Partner | Leadership |
Amanda Kautzer | Associate Account Manager | Team |
Steve Manchester | Account Manager/Project Manager | Team |
Aidan Sullivan | Cloud Engineer | Team |
Molly McElaney | Marketing Specialist | Team |
Nick D'Antonio | Technical Account Manager | Team |
Marilyn Barnett | Sales Operations Manager | Team |
Patrick McGillicuddy | Senior Account Executive | Team |
Nolan Harvey | Client Support Engine | Team |
Complete people profiles for PTP
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by PTP
PTP has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Stratogent.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
IT and cybersecurity operations are provided for mid-sized enterprises. | stratogent.com | San Mateo, United States | 2005 | Mar 2025 | •••• |
Complete acquisition details for PTP
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of PTP
3 dated milestones of PTP across 7 years, from founding to its latest funding, stage changes and deals.
- Founded PTP is founded.
- Funding First funding round.
- Acquisition Acquires Stratogent.
Competitors of PTP
PTP has 3 listed competitors in our database, 1 of them funded. They include Genpact, 1&1 IONOS and Mavenir.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| genpact.com | 1997 | New York, United States | 129,140 | Provider of end-to-end business process outsourcing services | ||
| ionos.com | 1988 | Chesterbrook, United States | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | ||
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. |
Detailed competitors of PTP
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of PTP
The website of PTP (ptp.cloud) receives about 7K visits a month.
- Monthly visits7K
▲ 9.9% vs previous month
Top companies in IT Services & Operations
3 companies that operate in the same segment as PTP (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Related news about Ptp
Complete news archive for PTP
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Frequently Asked Questions about PTP
PTP was founded in 2018 and raised its 1st funding round 5 years after it was founded.
PTP is headquartered in Norwood, United States. It is registered at Norwood, Massachusetts, United States.
PTP is established as a leader in providing cloud managed services tailored for biotech and life sciences organizations. Solutions are developed to optimize research environments using AWS cloud technology. Services including CloudOps, FinOps, DevOps, SecOps, NetOps, and UserOps are offered to enhance performance, reduce costs, and ensure security. Support is extended to sectors like genomics, precision medicine, clinical research, digital health, and medical devices. Operations are focused on enabling faster research, regulatory compliance, and innovation in the biotech industry across the USA and globally.
PTP offers CloudOps, FinOps, DevOps, SecOps, and 2 more products and services.
PTP has made 1 acquisition, including Stratogent.
PTP has 1 investor. Key investors include 424 Capital.
PTP operates through Pinnacle Technology Partners, Inc..