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RapidScale Achieves 20% Year-Over-Year Revenue Growth and 45% Infrastructure Expansion

Global managed cloud services provider expands East Coast headquarters and grows support team leveraging the region's diverse high-tech talent pool.


News provided by

RapidScale

Aug 13, 2019, 07:00 ET

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RALEIGH, N.C., Aug. 13, 2019 /PRNewswire-PRWeb/ -- RapidScale, a Cox Business company, today announced continued growth marked by a 20% YOY revenue increase and a 45% increase in employee count over the past year.

A global managed cloud services provider, the company has increased YOY revenue by 20% since its acquisition by Cox Business in August 2018. The combined connected cloud platform delivers a wide range of technology to help businesses improve productivity and reduce IT expenditures. RapidScale now offers better on-site support in select regions, including Raleigh, and is staffed accordingly to support customers that require local resources.

We are thrilled to have added such world-class talent to our team this past year, and we will continue to recruit strong candidates to fill open positions across our organization.

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RapidScale hired over 40 new employees to support the delivery of secure and reliable cloud solutions to businesses and organizations of all sizes across the country. The company filled positions in sales and marketing, engineering and support, administrative and others, and will continue to hire across departments through the end of the year.

"We are thrilled to have added such world-class talent to our team this past year, and we will continue to recruit strong candidates to fill open positions across our organization," said Bob Buchanan, executive vice president of sales. "We plan to fill these roles by the end of the year as we continue to provide our clients easy-to-integrate applications, accessibility, and efficiency through our fully-managed suite of cloud solutions and services."

To account for its rapid growth, RapidScale recently expanded to a larger East Coast headquarters at 510 Glenwood, Ste 201, Raleigh, NC 27603. The Raleigh-based headquarters, established in 2017, is home to a growing representation of RapidScale executive management and employees, with the Raleigh team positioned to support more than 63% of the company's client base.

"While researching new spaces, it was important to our East Coast team to remain close to the heart of downtown Raleigh," noted Buchanan. "We're committed to providing our employees a vibrant, cost-effective and supportive community in which to live and work, and for our clients around the Triangle, Carolinas and Virginia to have easy access to a world-class team of technology professionals."

About RapidScale

RapidScale, a Cox Business company, is a managed and hybrid-managed cloud services provider that delivers world-class, secure, and reliable global cloud computing. RapidScale's award-winning 24x7x365 global support and help desk team ensure that organizations receive the most innovative technology backed by the most highly responsive and knowledgeable service technicians in the industry, freeing up IT leaders to focus on strategy and driving their businesses forward with technology. RapidScale's innovative solutions include CloudDesktop, CloudServer, CloudSecurity, CloudRecovery, CloudMail, CloudApps, SD WAN and more. For more information on RapidScale, visit http://www.rapidscale.net. Cox Communications owns Cox Business and is a facilities-based provider of voice, video, and data solutions for commercial customers. More information about Cox Communications, a wholly owned subsidiary of Cox Enterprises, is available at http://www.cox.com.

Media Contact
Nikki Salazar
nikki.salazar(at)rapidscale.net

SOURCE RapidScale

Related Links

http://www.rapidscale.net

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