Technology firm Atlas Cloud secures six-figure investment

Technology firm Atlas Cloud is ready to increase its regional and national presence following a £350,000 investment

Collingwood Street in Newcastle
Atlas Cloud are based on Collingwood Street in Newcastle

IT services provider Atlas Cloud said it aims to bolster its presence in the technology sector after securing £350,000 worth of investment.

The Newcastle-based organisation, established in 2010, designs, builds and manages tailored hosted desktop solutions that allow businesses to access systems remotely, offering flexible working and security. Set up by IT experts previously employed by large technology companies like Capgemini, Acxiom and Siemens, Atlas is one of only a few businesses nationally that has the expertise to provide this service.

The firm is now set to enter the next phase of its growth strategy both in the North East and nationally, after the deal involving Northstar Ventures and private investors.

Pete Watson, CEO of Atlas Cloud, said: “The way in which businesses use IT is constantly evolving and will be very different in the years to come. Servers and PC’s will become redundant and all IT requirements will be delivered over the internet, so there will no longer be slow computers or broken servers. At Atlas, we provide a complete cloud service, managed and operated on our clients’ behalf allowing businesses to concentrate on what they exist to do.”

Corporate finance expert Paul Wigham from Watson Burton acted for Atlas in successfully securing the investment. Funding was provided by Northstar Ventures’ Finance for Business North East Accelerator Fund and a number of individuals.


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