Pipedrive enhances service with Rackspace Technology Private Cloud management and UK data centre

Rhea-AI Summary

Rackspace Technology (RXT) announced the launch of a new OpenStack private cloud for Pipedrive in the UK, enhancing service for European customers. This initiative aims to reduce response times while meeting security and compliance requirements. The UK facility becomes Pipedrive's fourth cloud region, providing redundancy and minimizing the risk associated with data center issues. Pipedrive, which has nearly 100,000 users worldwide, is also expanding its AWS environment to support further growth.

Positive

• New private cloud environment in the UK enhances service responsiveness for European customers.
• Establishing a fourth cloud region reduces risks related to data center connectivity issues.
• Expansion of AWS environment supports continued growth.

Negative

• None.

NEW YORK, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Pipedrive, the global sales-first CRM and intelligent revenue management platform for small businesses, today announced the opening of a newly built Rackspace OpenStack private cloud environment in the UK, provided by Rackspace Technology^® (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company.

Now live, the private cloud environment brings Pipedrive closer to its European customers outside of the EU, including in the UK. The presence ensures Pipedrive is able to minimise response times and meet these territories’ security, compliance and data sovereignty requirements.

In addition, Pipedrive will be enhancing its managed Amazon Web Services (AWS) environment to launch additional application regions via AWS, further expanding its reach for customers.

Pipedrive, the New York headquartered, Estonian-born unicorn technology company, adds the UK data centre as a fourth cloud region to better scale the platform to the needs of regional customers. The addition also lessens the risk to customers in the unlikely event of data centre or connectivity issues across the world through a strategy of multiple regions. This reduces the risk of congestion or saturation on the platform and, therefore, the requirement for engineering remediation.

Following this launch, Pipedrive is also planning for its first customer migrations to the region.

Agur Jõgi, CTO, Pipedrive, said: “Pipedrive has grown dramatically from a 2010 start-up to a company with nearly 100,000 users in more than 150 countries worldwide. We significantly benefit from the innovation Rackspace Technology offers customers and as our managed cloud provider they help us to scale to match our rapidly growing customer base.”

Andy Brierley, UK General Manager at Rackspace Technology, said: “Pipedrive relies on state-of-the-art technologies for maximum security and availability which our robust and innovative cloud capabilities afford. As Pipedrive continues to grow, it will be supported by our flexible approach and team of experts to enable the best outcomes for its customers.”

Pipedrive also maintains datacentre infrastructure in Frankfurt and Chicago, both provided by Rackspace Technology.

About Pipedrive
Founded in 2010, Pipedrive is the sales-first CRM and intelligent revenue management platform for small businesses. Today, Pipedrive is used by revenue teams at nearly 100,000 companies worldwide. Pipedrive is headquartered in New York and has offices across Europe and in the US. The company is backed by a majority holder Vista Equity Partners, and Bessemer Venture Partners, Insight Partners, Atomico, DTCP, and Rembrandt Venture Partners. Learn more at www.pipedrive.com.

About Rackspace Technology
Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

Media Contact
Devika Mistry
EMEA Rackspace Technology Corporate Communications
Devika.mistry@rackspace.co.uk

FAQ

What is the significance of Rackspace's new UK private cloud for Pipedrive?

The new UK private cloud allows Pipedrive to improve response times and meet security requirements for European customers.

How does the new cloud environment impact Rackspace Technology's stock (RXT)?

The new cloud environment is expected to enhance customer satisfaction and operational efficiency, potentially benefiting Rackspace's stock performance.

What are the future plans for Pipedrive following the UK private cloud launch?

Pipedrive plans to initiate customer migrations to the new UK region and expand its AWS environment.