Rackspace Technology
Track on RadarAcquired by Apollo Global Management · 2016 · news
Managed cloud services provider across AWS, Azure, Google Cloud, and VMware
- Total raised
- $17.8M
- Employees
- 7,154
- Founded
- 1998
- Momentum
- 29
Stalling
Data updated August 2026
About
About Rackspace Technology
At a glance
Rackspace Technology is a cybersecurity company specializing in Cloud Security, founded in 1998 and headquartered in San Antonio, United States. It has raised $17.8M in total funding, employs about 7,154 people, and was acquired by Apollo Global Management in 2016.
Rackspace Technology is a managed cloud services provider that delivers infrastructure management and support across private, hybrid, and public cloud platforms including AWS, Microsoft Azure, Google Cloud Platform, and VMware. The company provides consulting and advisory services, professional services for cloud design and implementation, and ongoing managed services for cloud operations and optimization. Rackspace Technology serves customers in over 120 countries with approximately 5,800 employees and operates 39 data centers globally. The company employs over 1,700 certified technical experts holding more than 11,000 technical certifications. Their service delivery approach encompasses four stages: advising on cloud strategy, transforming IT infrastructure through migration and modernization, managing ongoing cloud operations, and optimizing performance and cost-efficiency. The company offers multicloud management capabilities that enable workload placement across different cloud environments based on business requirements. Their services span application management, data solutions, security implementations, and AI integration. Rackspace Technology provides a unified management platform called Rackspace Fabric that enables common governance, ticketing, billing, and tagging across multiple cloud platforms. Founded in 1998 as a managed hosting provider, the company evolved into managed cloud services following the emergence of public cloud platforms. They maintain two security operations centers and serve more than half of the Fortune 100 companies across various industries including healthcare, financial services, and other enterprise sectors.
Momentum
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Current price
$4.13
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Tech stack
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FAQ
Frequently asked questions about Rackspace Technology
When was Rackspace Technology founded?▾
Rackspace Technology was founded in 1998.
Where is Rackspace Technology headquartered?▾
Rackspace Technology is headquartered in San Antonio, United States.
How much funding has Rackspace Technology raised?▾
Rackspace Technology has raised a total of $17.8M in total funding.
Is Rackspace Technology public or private?▾
Rackspace Technology is a publicly-traded company.
How many employees does Rackspace Technology have?▾
Rackspace Technology has approximately 7,154 employees.