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2nd Watch

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Global cloud consultancy for enterprise digital transformation

Liberty Lake, United StatesFounded 2010Other B2B Software
Valuation $100–250M Last recorded · 2017
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for 2nd Watch and the history behind them.

About 2nd Watch

Originally established as 2nd Watch in 2010 by Kris Bliesner, the firm began its journey in Seattle as a provider of tools and services for public cloud workload management. Its focus was on enabling enterprises to accelerate their adoption of the public cloud by extending and automating critical processes like governance, migration, and administration. Over the years, the company expanded its capabilities, notably through the strategic acquisition of Aptitive, a cloud data and analytics consultancy, in January 2022. This acquisition significantly strengthened its data and analytics services, particularly in data engineering and data science, and expanded its expertise in platforms like Snowflake.

The company's trajectory took a significant turn following a series of investments and acquisitions led by ST Telemedia (STT), a strategic investor focused on technology and communications. In October 2019, STT acquired a majority stake in 2nd Watch, retaining existing investors such as Madrona Venture Group and Columbia Capital. This was part of a broader STT strategy to build a global, cloud-native business, which also included acquiring majority stakes in Singapore-based Cloud Comrade in 2019 and India-based CloudCover in 2020. This strategic consolidation culminated in 2023, when 2nd Watch, along with STT's other cloud assets, were merged and rebranded to form Ollion. Now operating as Ollion, the firm is a global cloud consultancy headquartered in Seattle.

Ollion provides a comprehensive suite of cloud services, positioning itself as an enterprise tech consultancy. Its business model is centered on delivering professional and managed services across multiple public cloud platforms, including Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). The company makes money by offering consulting and engineering solutions to enterprises for cloud transformation, application modernization, data insights, AI, cloud cost management, and security. Its services cater to a wide range of industries, including retail, healthcare, media, and manufacturing. By integrating the capabilities of its predecessor companies from the US, Singapore, and India, Ollion serves a global client base that includes major brands like Hearst, La-Z-Boy, and Condé Nast.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2010
Headquarters
Liberty Lake, United States
Employees
70
Open positions
None listed
Dealroom signal
63.0/100
Sector
Other B2B Software, Cloud Infrastructure, Navigation, Risk Management, Retail, SaaS, Entertainment, IaaS, Monitoring, Community, Mapping, Moving Services, Investing, Platform
Business model
SaaS
Investment activity
1 company, latest Jan 2022
Capital deployed
—
Preferred round
ACQUISITION

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Oct 2019 $0 — Temasek —
SECONDARYOther financing Nov 2017 $0 — Stratim Capital —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

2nd Watch website traffic

Latest recorded traffic for 2nd Watch is 3K monthly website visits, up 476.9% over the last three months. 2nd Watch's team declined 7.9% over the past year.

Latest monthly visits3K 3-month web change+476.9% 1-year team growth-7.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later4 investors entered at this stage

Other known investors1 additional known investor

Team profiled 22 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇺🇸 United States91.2%
🇨🇦 Canada2.9%
🇮🇷 Iran2.9%
🇮🇳 India2.9%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about 2nd Watch on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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