Managed Kubernetes now available in Open Beta. Test out the new service yourself at your Control Panel.
UpCloud secures €4 million for growth
UpCloud accelerates growth
We are incredibly excited to announce that UpCloud accelerates growth by securing €4 million funding to further improve the products and services that our customers enjoy already today. The investment round was led by Inventure, a leading Nordic venture capital company.
This is an exciting time for UpCloud. We want to extend our gratitude to all of our customers and partners who have worked with us. Without you – we wouldn’t have been able to build UpCloud as it stands today.
As many of our customers know, we have fanatically focused on high performance, reliable service and competitive prices. We have been lucky to be successful in this as we’ve enjoyed excellent revenue growth and this has enabled us to grow without any external funding.
Our goal is to offer developers the most high-performance cloud infrastructure resources and the best tools to control and manage them on a global scale. With the funding, UpCloud accelerates growth by opening of new data centres and offices, and also – by hiring great people to our team.
We anticipate offering our customers more value, now even faster with the help of the funding going forward.
Joel Pihlajamaa, CTO & Founder
Antti Vilpponen, CEO
Discussion
Leave a Reply
See also
Bigger Is Not Necessary Better: AWS vs. UpCloud
One of the most common questions our customers ask us is that how we can compete with the likes of Amazon Web Services (AWS) on price as they have economies of scale on their side.
Comparisons
UpCloud secures 18 million Euro funding boost
[Helsinki, Finland, 21.1.2020] UpCloud, the European leader in high performance cloud computing services fuels its growth with €18 million in new funding. UpCloud is incredibly excited to announce that it has secured €18 million in equity and debt funding to expedite its growth and international expansion. Over the next 24 months, UpCloud plans to triple its […]
PR
UpCloud’s development roadmap: What to look forward to in 2021
The year has turned, and UpCloud welcomes you to 2021, ready again to show you what the best cloud infrastructure can offer for your business. The last year has proven the capabilities of our brand, products and most importantly, the strength of our teams. We’ve been happy to see many new users coming and staying […]
Announcements
Vision and culture
Introducing SG-SIN1: Singapore Data Center - UpCloud
[…] and it’s just the first sign of our accelerated international growth, enabled by our recent funding. (And we are already preparing the launch of another data centre – stay […]