# TierPoint funding: rounds and investors

> TierPoint has raised $240M across 1 round since 2025. Investors include EDBI. Every round with its source.

Source: https://millionrounds.com/company/tierpoint (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *TierPoint*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cloud

Funding summary Updated 26 Oct 2026

**$240M** raised across 1 round since 2025, from 1 source

- **Latest round:** Debt, $240M Oct 2025
- **Investors:** 1

See who backed them

## The rounds

- **Oct 2025** Debt **$240M** [EDBI](https://millionrounds.com/fund/edbi) Source recorded

## Founders and team

From TierPoint's own website: 12 on the team.

- **Wendy Knudsen** Executive Vice President, Chief Legal Officer & Secretary
- **Mary Meduski** President and Chief Financial Officer
- **Jerry Kent** Chairman and CEO
- **Andrew Baird** Chief Marketing Officer
- **Chris Scaglione** Chief Transformation Officer
- **David Foster** Chief Data Center Officer
- **Jenny Cooper** Chief Accounting Officer
- **Lucie Poulicakos** Chief Information Officer
- **Mary Porter** Chief People Officer
- **Paul Mazzucco** Chief Information Security Officer
- **Simon Campbell** Chief Compliance Officer
- **John Stoker** Board Of Directors

## The exit

Exit Buyer Price When

Acquired Cequel Data undisclosed May 2012

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=tierpoint).

## Everyone who backed them

[EDBI](https://millionrounds.com/fund/edbi) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=tierpoint).

## Also claim to have backed them

This firm lists TierPoint as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Silicon Pastures](https://millionrounds.com/fund/silicon-pastures-llc) Angel network Per its own site

## Quick answers about TierPoint

### Who invested in TierPoint?

TierPoint's investors include EDBI.

### How much has TierPoint raised?

TierPoint has raised $240M across 1 round since 2025.

### When did TierPoint last raise?

TierPoint's most recent round was a Debt of $240M in Oct 2025.

### What was TierPoint's biggest round?

Its most recent round, $240M in Oct 2025, is also its largest on record.

### Who backed TierPoint first?

TierPoint's first round on record, in Oct 2025, was backed by EDBI.

### What stage is TierPoint at?

TierPoint's latest named round is a Debt, in Oct 2025.

### Where is TierPoint based?

TierPoint is based in the United States.

## Companies like TierPoint

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Blacksmith** $131M · Oct 2026](https://millionrounds.com/company/blacksmith)[**Tasklet** $13M · Oct 2026](https://millionrounds.com/company/tasklet)[**VEIR** $185M · Oct 2026](https://millionrounds.com/company/veir)[**Namespace** $42M · Oct 2026](https://millionrounds.com/company/namespace)[**Lambda** $6.8B · Oct 2026](https://millionrounds.com/company/lambda)

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