About TierPoint
TierPoint is a company based in St. Louis (United States) founded in 2010 by Patrick Watriss was acquired by Argo Infrastructure Partners in July 2024. TierPoint has raised $869 million across 4 funding rounds from investors including Macquarie Group, Ontario Teachers' Pension Plan and Argo Infrastructure Partners. The company has 824 employees. TierPoint has completed 3 acquisitions, including Altered Scale, Cosentry and Xand. TierPoint offers products and services including Cloud Services, Data Center Services, and Security Solutions. TierPoint operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter St. Louis, United States
- Employees 824
- Founders Patrick Watriss
- SectorsTechnology
- Website category Computers Electronics and Technology · Computer Security
- Email••••••••
- Phone•••• ••••
- Website tierpoint.com
- Social LinkedIn X Facebook Instagram
- Acquired by Argo Infrastructure Partners (Jul 2024)
- Legal Name Tierpoint, Llc
- Total Equity Funding$869M (USD)
in 4 rounds
- Latest Funding Round$500M (USD), Series E
Mar 2022
- InvestorsMacquarie Group
& 8 more
- Employee Count824
- Investments & AcquisitionsAltered Scale
& 2 more
- Acquired by
Products & Services of TierPoint
TierPoint offers a comprehensive portfolio of products and services, including Cloud Services, Data Center Services, and Security Solutions.
Managed public and hybrid cloud solutions for business workloads
High-density facilities for secure hardware deployment
Tools for threat detection and data protection services
Funding Insights of TierPoint
TierPoint has successfully raised a total of $869M across 4 strategic funding rounds. The most recent funding activity was a Series E round of $500 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $869M
- Total Rounds 4
- Last Round Series E — $500M
- First Round $49M
(Jul 2010)
- Investors Count 9
All 4 funding rounds of TierPoint 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 |
|---|---|---|---|---|---|
| Mar 2022 | $500M | Series E | – | – | – |
| Mar 2020 | $320M | Series D | – | Argo Infrastructure Partners, Wafra | |
| Jun 2016 | – | Series C | – | – | |
| Jul 2010 | $49M | Series C | – | – | – |
9 investors in total: 9 institutional.
Investors in TierPoint
TierPoint has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Macquarie Group, Ontario Teachers' Pension Plan and Argo Infrastructure Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | wafra.com | - | |
A private equity firm focused on middle-market business investments. | – | tscp.com | St. Louis, United States | |
Private equity firm focused on multiple sectors | – | stephensgroup.com | Little Rock, United States | |
Cequel III is recognized as a private investment firm. | 2002 | cequel3.com | St. Louis, United States | |
Firm focused on media and entertainment, sports, experiential consumer, and financial services | – | redbirdcap.com | Dallas, United States | |
Multiple sectors are invested in by private equity firm TA. | – | ta.com | Boston, United States | |
Infrastructure fund focused on natural resources | 2013 | argoip.com | New York, United States | |
A global financial services organization with Australian heritage is operated. | 1969 | macquarie.com | Sydney, Australia | |
Pension funds focused on multiple sectors | 1990 | otpp.com | Toronto, Canada |
Investor details for TierPoint
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of TierPoint
238 people are tracked at TierPoint (76 in leadership, 162 in team); the tracked headcount is 824.
| Name | Role | Group |
|---|---|---|
Patrick Watriss | Founder | Leadership |
Jerald L Kent | CEO & Chairman | Leadership |
Todd Baldwin | Vice President, Center Of Excellence And Implementation Engineering | Leadership |
Isaiah Hogberg | Vice President & Channel Chief | Leadership |
Darin Honodel | Director Of Facilities | Leadership |
Dale Bax | Director Of Engineering - Professional Services | Leadership |
Jason Murray | Vice President Of Sales | Leadership |
Karen Loiterstein | Vice President, Sales Support & Enablement | Leadership |
Jim Kramer | Director Of Strategic Accounts | Leadership |
Jane Meserole Ciecl | Director Sales Enablement | Leadership |
Jerry Kent | CEO | Leadership |
Chris Zarcone | Director, Sales | Leadership |
Andrew Baird | SVP And Chief Marketing Officer | Leadership |
Vincent McWilliams | Director, Sales Operations | Leadership |
Mary Meduski | President And CFO | Leadership |
Aly Kowal | Vice President, Employee Engagement & Development | Leadership |
David Foster | Chief Data Center Officer | Leadership |
Michael Lagg | Chief Sales Officer | Leadership |
Ryan Collins | Sr. Director Professional Services | Leadership |
Jared Foster | Vice President - Colocation Services | Leadership |
218 more people are available in the full profile.
Complete people profiles for TierPoint
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- Professional contacts
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Investments & Acquisitions by TierPoint
TierPoint has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Altered Scale, Cosentry and Xand.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Datacenter services-Colocation, Cloud Computing, Hosting, Disaster Recovery, and Managed Services | cosentry.com | Omaha, United States | 2000 | Jan 2016 | •••• | |
Data center colocation and managed services are provided in Chicago. | alteredscale.net | Chicago, United States | 2012 | Dec 2015 | •••• | |
Colocation and cloud services are provided in the Northeastern USA. | xand.com | New York, United States | 1990 | Oct 2014 | •••• |
Complete acquisition details for TierPoint
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Timeline of TierPoint
8 dated milestones of TierPoint across 14 years, from founding to its latest funding, stage changes and deals.
- Founded TierPoint is founded.
- Funding First funding round of $49.0M.
- Exit Acquired by Cequel III.
- Acquisition Acquires Xand.
- Acquisition Acquires Altered Scale.
- Acquisition Acquires Cosentry.
- Funding Latest funding round, Series E, of $500.0M.
- Exit Acquired by Argo Infrastructure Partners.
Competitors of TierPoint
TierPoint operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| reply.com | 1996 | Turin, Italy | $24.33M | – | AI, cloud, and blockchain services are provided globally. | |
| globant.com | 2003 | Buenos Aires, Argentina | $30M | 564 | IT and digital transformation services are delivered to various industries. | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| epam.com | 1993 | Newtown Square, United States | $50M | – | Provider of software development, data analytics, and other IT suite services | |
| persistent.com | 1990 | Pune, India | $18.8M | 20,909 | IT consulting, data analytics, and digital transformation services are provided. | |
| mindtree.com | 1999 | Bengaluru, India | $23.9M | 33,802 | Outsourcing solutions in IT, engineering, and consulting are delivered. |
Detailed competitors of TierPoint
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of TierPoint
The website of TierPoint (tierpoint.com) receives about 71.9K visits a month and ranks #485,496 among all websites worldwide, #1,321 in Computer Security.
- Monthly visits71.9K
▲ 8% vs previous month
- Unique visitors29.7K
per month
- Global rank#485,496
among all websites
- Category rank#1,321
Computers Electronics and Technology · Computer Security
- Bounce rate45%
- Pages per visit2.7
- Average visit46 sec
- DevicesDesktop 51% · Mobile 49%
Websites whose visitors overlap most with TierPoint. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| objectfirst.com | 100% | – | #483,270 | View details | |
| 1111systems.com | 94% | 60.9K | #426,230 | View details | |
| visualedgeit.com | 90% | 17.7K | #1,268,250 | View details | |
| unisys.com | 90% | 194.7K | #211,876 | View details | |
| twitter.com | 88% | – | – | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for TierPoint
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Tierpoint
Complete news archive for TierPoint
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
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- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to TierPoint
10 companies that operate in the same segment as TierPoint (IT Services & Operations), 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 | 1,240 | |
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 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about TierPoint
TierPoint was founded in 2010.
TierPoint is headquartered in St. Louis, United States. It is registered at St. Louis, Missouri, United States.
Jerald L Kent is the current CEO of TierPoint.
TierPoint is a funded company, having raised a total of $869M across 4 funding rounds to date. The company's 1st funding round was a Series C of $49M, raised on Jul 2010.
TierPoint has 824 employees.
TierPoint was founded in 2010 and is based in St. Louis, United States. IT services and data center solutions are delivered, including public, private, and multi-tenant cloud configurations. Capabilities encompass disaster recovery, network security, data privacy, multi-factor authentication, and encryption. Sectors served include healthcare, manufacturing, energy, and retail, with clients such as Johnsonville, WebsterBank, and TommyBahama.
TierPoint offers Cloud Services, Data Center Services, and Security Solutions.
TierPoint has made 3 acquisitions, including Altered Scale, Cosentry, and Xand.
TierPoint has 9 investors. Key investors include Macquarie Group, Ontario Teachers' Pension Plan, Argo Infrastructure Partners, Wafra, and Thompson Street Capital Partners.
TierPoint operates through Tierpoint, Llc.
Yes. TierPoint was acquired by Argo Infrastructure Partners in July 2024.