Blackstone Makes Strategic Investment in Cloud Theory

Cloud Theory is excited to announce a strategic partnership with Blackstone to bring FundEngine, a highly customized CRM solution built on the Salesforce platform, to the alternative asset management industry.

Below are excerpts from the press release:

Blackstone Makes Strategic Investment in Cloud Theory

New York, NY, May 29, 2014. Blackstone (NYSE: BX) today announced that it has made a strategic investment in Cloud Theory, a technology consulting firm specializing in cloud-based solutions, to expand its product offering with customized Salesforce software for alternative asset managers.

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“We are excited to partner with Cloud Theory to bring the Salesforce solution that works for Blackstone and make it available to the market. Managing our clients in FundEngine on the Salesforce platform allows us to continue to promote transparency with our clients across the suite of products we offer, and helps us maintain strong client relationships as we grow” said William Murphy, Chief Technology Officer of Blackstone.

For more information on the partnership, please review the entire press release here: http://online.wsj.com/article/PR-CO-20140602-906689.html

To learn how your firm can benefit from FundEngine, please contact the following Cloud Theory representative:

Tom Gooding
Head of Sales
tom.gooding@cloudtheoryinc.com
(646) 678-2703

Posted on June 2, 2014 in Announcements

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