Funding for Expansion Park Place Technologies recently received significant funding of $2 billion, enabling them to further expand their operations and invest in their offerings. This financial backing indicates a potential opportunity for partnership or collaboration with complementary service providers.
Strategic Acquisitions Through the acquisition of SDV Solutions, a firm catering to Federal Government agencies, Park Place Technologies has diversified its client base and increased its market reach. This acquisition presents a chance for sales professionals to tap into new verticals and government sectors.
Expansion into Real Estate By investing $17 million in acquiring an office campus in Cleveland, Park Place Technologies is signaling a commitment to establishing a physical presence. Sales representatives could leverage this development to explore synergies with the real estate sector or offer solutions tailored to office environments.
Key Personnel Hire Bringing on board Mike McMahan as a co-founder underscores Park Place Technologies' focus on talent acquisition and expertise. Sales teams could leverage relationships with key personnel like Mike to access new networks or decision-makers within the organization.
Market Penetration With a revenue range of $100 million to $1 billion, Park Place Technologies competes with larger players like Accenture and Cognizant. Understanding their competitive positioning enables sales professionals to tailor strategies for penetrating specific market segments and gaining a competitive edge.
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245K$1B
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4K$100M$1B
138K$1B
318K$1B
317K$1BPark Place Technologies uses 8 technology products and services including Google Conversion Tracking, Okta, Microsoft Active Directory, and more. Explore Park Place Technologies's tech stack below.
| Park Place Technologies Email Formats | Percentage |
| FLast@parkplacetech.com | 70% |
| First.Last@parkplacetech.com | 27% |
| First_Last@parkplacetech.com | 1% |
| First.Middle@parkplacetech.com | 1% |
| LastFi@parkplacetech.com | 1% |
| First.Last@parkplacetechnologies.com | 51% |
| FLast@parkplacetechnologies.com | 41% |
| First_Last@parkplacetechnologies.com | 7% |
| FirstLast@parkplacetechnologies.com | 1% |
IT Services and IT ConsultingOhio, United States1001-5000 Employees
Park Place Technologies is the global leader in data center and networking optimization, we work with more than 21,000 companies across the globe — boosting infrastructure performance and Uptime, maximizing IT staff and stretching budget.
Company Overview
Media & News
Funding & FinancialsPark Place Technologies has raised a total of $2B of funding over 4 rounds. Their latest funding round was raised on Apr 13, 2024 in the amount of $2B.
Park Place Technologies's revenue is in the range of $100M$1B
Funding & FinancialsPark Place Technologies has raised a total of $2B of funding over 4 rounds. Their latest funding round was raised on Apr 13, 2024 in the amount of $2B.
Park Place Technologies's revenue is in the range of $100M$1B
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