There’s a difference between managing chaos and building a system that eats chaos for breakfast. CloudCover isn’t in the game to play tech janitor. They’re here to flip the switch on how infrastructure support actually works, from desktop to data center, continent to continent. And with a fresh growth investment led by Argentum Capital Partners, they’re not just scaling. They’re compounding.
Founded in 2015 by Jeff Huggins and Roger Lindsay, CloudCover didn’t stumble into TPM. They saw the fragmentation early, the contract mess, the vendor bloat, the black hole of asset visibility. Most players placed platforms around services. CloudCover flipped the equation. Build the software first, then plug in the services. That’s the CoverIT™ difference: a modular platform designed for the IT channel, not an afterthought riding shotgun.
The numbers back it up. Over 250,000 assets managed across 60+ countries. 4,500+ end-users. Global offices from Irvine to Sofia, Manila to Montevideo. The growth isn’t just fast, it’s methodical. Ranked 46 on the CRN Fast Growth 150 list in 2022, CloudCover has quietly become the backbone for channel partners who want control without complexity.
CoverIT™ isn’t just a product, it’s a signal. ContractHub™ cleans up procurement chaos. ServiceHub™ turns vendor spaghetti into clean lines of service. QuoteHub™ cuts the nonsense out of pricing. Real-time tracking. API-first flexibility. White-label ready. All of it purpose-built for the hybrid maintenance reality. Gartner saw it coming, they called CloudCover a Cool Vendor for a reason.
Now, with Argentum in the mix, the runway gets longer. But this isn’t about pouring gas. It’s about precision. Jeff Huggins stays in the CEO seat and keeps the majority. Robert Kenney drives revenue. Carmelo Grecia elevates global support. Alexander Bondurant engineers scale. Gregg Meyers unlocks channels. It’s not a restructure. It’s a formation.
The TPM market’s heading toward $4.9B by 2032. Data center maintenance alone? $28.5B by 2030. That’s not TAM, that’s inevitability. CloudCover isn’t chasing trends. They’re defining infrastructure autonomy for a global IT channel that’s tired of vendor lock-in and bloated SLAs.
