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Park Place Technologies - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Park Place Technologies including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Park Place Technologies company logo

Helping 21,500 organizations across the globe fuel innovation by optimizing IT infrastructure management.

Park Place Technologies is the global leader in data center and networking optimization, offering services that boost infrastructure performance and uptime.

HeadquartersCleveland, Ohio, United States
Team size1000-5000
Founded1991

What is Park Place Technologies? - Company Overview & Details

Park Place Technologies is Park Place Technologies is the global leader in data center and networking optimization, offering services that boost infrastructure performance and uptime. Founded in 1991, the company is headquartered in Cleveland, Ohio, United States.

Who Founded Park Place Technologies?

Park Place Technologies is led by CEO Chris Adams.

Who are the Key Executives at Park Place Technologies? - Leadership Team

Park Place Technologies is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Park Place Technologies

Chris AdamsCEO

Chief Technology Officer (CTO) of Park Place Technologies

Justin BinghamCTO

About Chris Adams - CEO of Park Place Technologies

Chris Adams serves as the Chief Executive Officer of Park Place Technologies, leading the company's strategic vision and operations.

Park Place Technologies Company Details & Key Information

Where is Park Place Technologies located?

Park Place Technologies is headquartered in Cleveland, Ohio, United States.

How many employees does Park Place Technologies have?

Park Place Technologies has 1000-5000 employees.

When was Park Place Technologies founded?

Park Place Technologies was founded in 1991.

Park Place Technologies Official Website

How much funding has Park Place Technologies raised?

Park Place Technologies has raised $2.46 Billion across 7 funding rounds. The most recent funding was completed on 2024-05-13.

Funding Overview

Park Place Technologies secured a $2 billion funding package from Blackstone to refinance its debt and support its growth initiatives.

$2.46 Billion
Total Funding Raised
7
Funding Rounds
2024-05-13
Latest Round

Park Place Technologies Funding History

Debt financing
2024-05-13
$2 Billion
Private equity
2020-01-31
$4.6 Million

Who are the key investors in Park Place Technologies?

Park Place Technologies is backed by 1 key investors including Blackstone Group. These investors focus on Private Equity, Credit, Real Estate sectors.

Park Place Technologies Investor Overview

1
Key Investors
3
Focus Areas
1
Notable Investments

Complete List of Park Place Technologies Investors

Blackstone Group

A major private equity firm that has invested in various companies across sectors.

Investment Focus
Private Equity
Credit
Real Estate
Notable Portfolio Companies
Park Place Technologies

What sectors do Park Place Technologies investors focus on?

The investors backing Park Place Technologies primarily focus on Private Equity, Credit, Real Estate sectors.

Private Equity
Credit
Real Estate

Featured Investor: Blackstone Group

Blackstone Group

A major private equity firm that has invested in various companies across sectors.

Notable Investments: Park Place Technologies

What are Park Place Technologies's future plans?

Park Place Technologies Park Place Technologies aims to expand its market presence and enhance its service offerings through strategic investments and acquisitions.

Park Place Technologies Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does Park Place Technologies face?

Park Place Technologies has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for Park Place Technologies

1

Increasing competition in the IT maintenance sector

2

Global economic fluctuations

What opportunities does Park Place Technologies have?

Park Place Technologies has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for Park Place Technologies

1

Expansion into new markets

2

Development of innovative service solutions

Park Place Technologies Strategic Position Summary

Key Focus Areas

Park Place Technologies is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about Park Place Technologies?

Park Place Technologies has 2 recent news updates covering key business developments and market activities.

Park Place Technologies News Overview

2
Recent Articles
Active
Media Coverage
2025-05-06
Latest Update

What is Park Place Technologies in the news for?

Park Place Technologies is currently featured in news for Park Place Technologies, Inc. acquires CSI Ltd. and other significant business developments.

Recent News Articles About Park Place Technologies

Article 1
2025-05-06

Park Place Technologies, Inc. acquires CSI Ltd.

Park Place Technologies expands its multi-cloud services with the acquisition of UK-based CSI, significantly bolstering its Managed Services capabilities.

globenewswire.com
Read News
Article 2
2025-03-28

Park Place Technologies, Inc. attends event 2024 North America Channel Partner Awards.

Park Place Technologies announces the recipients of its second annual North America Channel Partner Awards recognizing exceptional contributions from partners.

pinoybisnes.com
Read News

Park Place Technologies FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Park Place Technologies including information about founders, CEO, funding history, investors, headquarters location, and company details. 19 frequently asked questions covering key information about the company.

Park Place Technologies Questions & Answers - Company Information

Q1

What is Park Place Technologies?

Park Place Technologies is the global leader in data center and networking optimization, offering services that boost infrastructure performance and uptime.

Q2

Who founded Park Place Technologies?

Park Place Technologies is led by CEO Chris Adams.

Q3

Who is the CEO of Park Place Technologies?

The CEO of Park Place Technologies is Chris Adams.

Q4

How much funding has Park Place Technologies raised?

Park Place Technologies has raised a total of $$2.46 Billion across 7 funding rounds. The most recent funding was completed on 2024-05-13.

Q5

Who are the investors in Park Place Technologies?

Park Place Technologies's key investors include Blackstone Group.

Q6

Where is Park Place Technologies headquartered?

Park Place Technologies is headquartered in Cleveland, Ohio, United States.

Q7

When was Park Place Technologies founded?

Park Place Technologies was founded in 1991.

Q8

How many employees does Park Place Technologies have?

Park Place Technologies has 1000-5000 employees.

Q9

What is Park Place Technologies's official website?

You can visit Park Place Technologies's official website at parkplacetechnologies.com.

Q10

What was Park Place Technologies's latest funding round?

Park Place Technologies's latest funding round was a Debt financing round of $$2 Billion completed on 2024-05-13.

Q11

Who is founder?

Chris Adams

Q12

Who is cto?

Justin Bingham

Q13

What does the company do?

Park Place Technologies optimizes IT infrastructure management, providing data center and networking services to enhance performance and uptime.

Q14

How much funding?

$2.46 Billion

Q15

Latest funding date?

2024-05-13

Q16

Who are the investors?

Blackstone Group

Q17

What are the challenges?

Increasing competition in the IT maintenance sector Global economic fluctuations

Q18

What are the opportunities?

Expansion into new markets Development of innovative service solutions

Q19

Latest news?

Park Place Technologies expands its multi-cloud services with the acquisition of UK-based CSI, significantly bolstering its Managed Services capabilities. Park Place Technologies announces the recipients of its second annual North America Channel Partner Awards recognizing exceptional contributions from partners.

More Information About Park Place Technologies

For additional details about Park Place Technologies, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.