Fruition Partners helps enterprises move under-the-hood IT operations into the cloud, starting as a consultancy and increasingly taking on the technology implementation itself. Founded in 2003 and based in Chicago, the company had been entirely bootstrapped until this financing. Its client roster includes Coca-Cola, General Electric (GE), Delphi, Fox, Target, Tiffany & Company, Viacom and Yale University. Fruition reports it has been growing 100% year-on-year as companies seek cost savings and cloud-based IT solutions. The new funds will be used to further build out the business and to explore potential consolidation in the space, including acquisitions. The company emphasizes combining technical and process specialists so clients can obtain end-to-end cloud-based IT services from a single provider.

Total raised

$12M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2012