Atlas Cloud Limited
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Atlas Cloud Limited - overview
Established
2010
Location
Newcastle, -, UK
Primary Industry
IT Infrastructure
About
Atlas Cloud Limited delivers specialized IT solutions for security-sensitive sectors, enhancing operational efficiency and data security through advanced managed services, particularly for law firms and recruitment agencies across the UK. Atlas Cloud Limited, founded in 2010, is based in Newcastle, UK, and focuses on providing IT solutions to security-sensitive sectors. The company has raised GBP 2. 03 million from Mercia Asset Management in February 2020, bringing its total amount raised to GBP 2.
03 million and its valuation to GBP 3. 70 million. Pete Cloud serves as the CEO of the company, which has completed two deals to date. Atlas Cloud specializes in providing comprehensive IT solutions primarily tailored for security-sensitive sectors, including law firms, barristers' chambers, and recruitment agencies.
The company's core offerings encompass managed IT services that integrate Microsoft 365 and Virtual Desktop Infrastructure (VDI) with advanced cybersecurity features. These solutions aim to address pressing industry needs such as data security, operational efficiency, and compliance with regulatory standards, particularly in light of recent guidance from the Bar Council and Law Society regarding Cyber Essentials compliance. Atlas Cloud's services cater to various end users, including fee earners, equity partners, and management teams, ensuring a seamless hybrid working environment that enhances productivity. Geographically, the company targets clients across the UK, with an emphasis on urban centers such as London, where the demand for managed IT services is significantly high.
Atlas Cloud's revenue model is primarily based on subscription-based managed services, providing clients with continuous IT support and cybersecurity solutions. The company engages in business-to-business transactions, offering tailored packages that may include elements such as round-the-clock monitoring, managed detection and response, and cybersecurity assessments. Clients typically enter into contracts that establish the scope of services, which could range from basic IT support to comprehensive cybersecurity management. While specific pricing details for individual services are not disclosed, it is understood that clients receive customized proposals reflecting their unique operational requirements and the scale of services utilized.
Flagship offerings such as Cyber Essentials certification support and managed EDR services represent critical components of the company's service portfolio, reinforcing its commitment to delivering value and security to its clientele. In February 2020, Atlas Cloud Limited raised GBP 2. 03 million in venture funding, which will support its strategic initiatives for future growth. The company is focusing on enhancing its product offerings, specifically by designing new cybersecurity solutions that are expected to launch in 2021.
Additionally, Atlas Cloud plans to expand its reach into new markets, particularly targeting urban centers across the UK, to meet increasing demand for managed IT services. The latest funding will be utilized to bolster its development efforts and enhance service delivery capabilities.
Current Investors
Mercia Asset Management, Northstar Ventures
Primary Industry
IT Infrastructure
Sub Industries
Data Centers, Website Hosting, IT Infrastructure, Monitoring & Security Software
Website
www.atlascloud.co.uk
Verticals
Cloud Computing, Cloud Computing
Company Stage
Growth Stage/Expansion
Total Amount Raised
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