July 11, 2014 12:08 PM ET

Internet Software and Services

Company Overview of Tier 3, Inc.

Company Overview

Tier 3, Inc. provides enterprise-class cloud software and federated cloud services to businesses globally. It offers cloud services, such as enterprise cloud platform and infrastructure as a service, and on-demand cloud; cloud hosting services, including a virtual private cloud for business-critical applications; and a platform as a service solution, which include on-demand cloud services to deploy and manage applications. The company also provides various enterprise cloud security solutions; and cloud management services, such as intuitive environment provisioning, group virtual server management, and cloud deployment orchestration. Tier 3, Inc. was founded in 2006 and is based in Seattle, ...

9594 First Avenue NE

Suite 510

Seattle, WA 98115

United States

Founded in 2006

Phone:

206-930-3021

Fax:

866-348-5509

Key Executives for Tier 3, Inc.

Chief Executive Officer
Chief Financial Officer
Vice President of Operations
Vice President of Product Management
Vice President of Services
Compensation as of Fiscal Year 2014.

Tier 3, Inc. Key Developments

Tier 3 Positions in Gartner's Magic Quadrant for Public Cloud Infrastructure as a Service

Tier 3 announced that it has been positioned by Gartner, Inc. in the 2013 Magic Quadrant for Cloud Infrastructure as a Service. Gartner reports that the market for cloud compute infrastructure as a service (a virtual data center of compute, storage and network services delivered as a service) is still maturing and rapidly evolving. Tier 3 sees that enterprises have expanded their cloud usage to include mission-critical applications. And to fully realize the benefits of cloud computing, companies need to transform the way they approach IT operations. Reducing human labor -replacing that labor with automation, and making that labor smarter --represents a tremendous opportunity for cloud infrastructure providers. The placement in the Magic Quadrant caps a significant period of growth for Tier 3 in the last 12 months. Recent highlights include: Global expansion. Tier 3 customers may now deploy virtual servers in nine data centers around the world - four in the U.S., two in Canada, two in the U.K., and one in mainland Europe. Gartner defines Infrastructure as a Service as a standardized, highly automated offering, where compute resources, complemented by storage and networking capabilities, are owned by a service provider and offered to the customer on demand. The resources are scalable and elastic in near-real-time, and metered by use. Self-service interfaces are exposed directly to the customer, including a Web-based UI and, optionally, an API. The resources may be single-tenant or multi-tenant, and hosted by the service provider or on-premises in the customer's data center.

Tier 3, Inc. Appoints Matthew Schiltz as CEO and Director

Cloud startup CEO Matthew Schiltz is on the move again, with an announcement that he will step into the top job at Tier 3, Inc. Schiltz had served as CEO of Symform for just under two years. Before that, he worked for DocuSign and Courtlink. Schiltz will join founder and Chief Technology Officer Jared Wray and outside directors Mark Adams (Equinix), John Connors (Ignition Partners) and Matt McIlwain (Madrona Venture Group) on Tier 3's board.

Peer 1 Hosting and Tier 3 Deliver VMware-Based Enterprise Cloud in the UK

PEER 1 Hosting and Tier 3, LLC announced a partnership to deliver VMware-based enterprise cloud to the UK market. The solution combines hosting services from PEER 1 Hosting with the enterprise-grade cloud platform from Tier 3, and is underpinned by VMware's vCloud platform; giving customers the ability to easily and successfully manage their businesses in the cloud. Built with IT and development operations in mind, the enterprise cloud platform drives tangible return on investment, reduces time to market, makes it easier to manage complexity and minimises operational requirements. Customers will also benefit from local data centres and regionalised disaster recovery along with an expanding global footprint of cloud nodes.

Similar Private Companies By Industry

Company Name Region
LocalSpin Inc. United States
JoMaJa Inc. United States
Blastoff Communications, LLC United States
Trailworks.com, Inc. United States
SharpVista Technologies, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 19, 2013
--
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Tier 3, Inc., please visit www.tier3.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.