Story image

Contino continues APAC expansion with capital injection

28 Sep 2018

Contino, a global DevOps and cloud transformation consultancy has closed Series B funding and are expecting to invest into doubling its headcount in the APAC region in the next 12 months.

Since receiving Series A funding in 2016, the consultancy has grown its team from 20 to 250, including 80 employees added in APAC since January this year.

Globally, the company more than doubled its revenue year-on-year for three consecutive years, and its APAC monthly revenue increased 26x from January to August in 2018.

“With Contino's unique blend of global reach coupled with local capabilities, this announcement shows Contino’s strong commitment to the APAC region,” says Contino APAC managing director Craig Howe.

“It will allow Contino to scale further and continue to meet the enterprise transformation needs of our customers.”

The round was completed by Series A investor Columbia Capital and new partner Top Tier Capital Partners.

Contino expects that this fresh capital will give the organisation the flexibility needed to quickly seize opportunities for both organic growth as well as potential M&A activity.

“Contino clearly has very capable teams who are consistently delivering the genuine transformational change that enterprise organisations are struggling to achieve themselves,” says Top Tier Capital Partners managing director Garth Timoll.

“The company is charting an incredible growth trajectory in a vibrant market and we’re excited to support them in their future growth.”

It has focused on the enterprise market and has delivered transformation for over 200 of brands, including the likes of Allianz, Barclays, Lloyds and ADP.

Matt Farmer, Contino Co-Founder and CEO, commented, “I’m very pleased to announce this latest round of investment and I’m excited for the next phase of growth for Contino. It’s a pleasure to welcome Top Tier to the company and to build on our successful partnership with Columbia Capital, who has been relentlessly supportive.”

Columbia Capital partner Jason Booma adds, “It’s been a delight to witness Contino’s journey so far. They consistently deliver - both to customers and investors – and we want to help them accelerate their success going forward.”

GitHub launches fund to sponsor open source developers
In addition to GitHub Sponsors, GitHub is launching the GitHub Sponsors, GitHub will match all contributions up to $5,000 during a developer’s first year in GitHub Sponsors.
Check Point announces integration with Microsoft Azure
The integration of Check Point’s advanced policy enforcement capabilities with Microsoft AIP’s file classification and protection features enables enterprises to keep their business data and IP secure, irrespective of how it is shared. 
Why AI will be procurement’s greatest ally
"AI can help identify emerging suppliers, technologies and products in specific categories."
Are AI assistants teaching girls to be servants?
Have you ever interacted with a virtual assistant that has a female-based voice or look, and wondered whether there are implicitly harmful gender biases built into its code?
Google 'will do better' after G Suite passwords exposed since 2005
Fourteen years is a long time for sensitive information like usernames and passwords to be sitting ducks, unencrypted and at risk of theft and corruption.
Hackbusters! Reviewing 90 days of cybersecurity incident response cases
While there are occasionally very advanced new threats, these are massively outnumbered by common-or-garden email fraud, ransomware attacks and well-worn old exploits.
Data#3 to exclusively provide MS licences to WA Government
The technology services provider has won two contracts with the Western Australia Government, becoming its sole Microsoft licence provider.
Why cash is no longer king in Australia
Australia is leading the way in APAC for granting credit on B2B transactions.