ST Telemedia clinches majority stake in CloudCover

ST Telemedia (STT) has completed its investment for a majority stake in CloudCover, a cloud-native service provider with presence in India and Southeast Asia.

Incorporated in 2015 in India, CloudCover is “born-in-the-cloud” and helps its customers solve complex challenges in harnessing the cloud with an automation-driven approach.

The company works across GCP, AWS & Azure focusing on tech unicorns and agile enterprises that are embracing true cloud-native technologies, going beyond traditional cloud migrations and managed services.

CloudCover provides advanced DevOps, data engineering and cloud-native consulting and already has the Analytics Specialisation on GCP and the DevOps Competency on AWS. 

With STT as a strategic investor, CloudCover will accelerate its market expansion and talent acquisition as well as build on its strong software development efforts to create products and capabilities that automate and enhance cloud management and data engineering services and operations.

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The investment into CloudCover follows the completion of STT’s majority-stake investments in November 2019 of 2nd Watch and in November 2018 of Cloud Comrade. 

2nd Watch is a Seattle-based globally recognised leader in providing professional and managed services related to public cloud, while Cloud Comrade is a Singapore-headquartered Amazon Web Services (AWS) and Google Cloud Platform (GCP) Premier partner and Microsoft Azure (Azure) Gold partner.

“The addition of CloudCover to our portfolio is key, especially with CloudCover’s obsession on product, automation and cloud-native technologies,” said Nikhil Eapen, deputy CEO and chief investment officer of STT.

Peter Wright, CEO of STT’s Cloud IT platform in Asia said that in just a few years, CloudCover has built a strong enterprise customer base in Asia off the back of its world-leading cloud-native services, solutions and products.

“CloudCover is at the forefront of DevOps and DataOps deployments, helping customers to create significantly more productive development environments whilst at the same time managing risk and compliance of code into production,” Wright said.

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