UPSTACK, a fast-growing platform that transforms the buying experience for businesses seeking cloud and internet infrastructure solutions, has landed an equity investment from Berkshire Partners, a Boston-based investment firm.
The investment will be used to evolve UPSTACK’s intuitive technology platform, expand its product and service portfolio and accelerate its direct investments in the industry’s top-producing sales agencies.
Combining the industry’s leading advisors with advanced technology, support resources and data, UPSTACK architects and sources customized technology solutions for businesses with needs that span cloud, colocation and network connectivity. The cloud and internet infrastructure brokerage industry currently generates annual revenue in excess of $70 billion.
UPSTACK’s approach aligns with the ongoing shift in technology sourcing wherein buyers are increasingly beginning their research for cloud-based services online and then seeking consultation with experts to design and implement an optimal solution.
By eliminating the inefficiencies of conventional sales models, UPSTACK’s technology-driven platform empowers the best advisors in the industry to provide a higher level of service, product selection and compelling economic advantages to buyers of cloud-based services.