Blog UpCloud secures €4 million for growth

UpCloud secures €4 million for growth

We are incredibly excited to announce that we have secured €4 million to accelerate our growth and 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, we are able to accelerate many things towards this goal opening of new data centres and offices, but also – hire 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

One thought on “UpCloud secures €4 million for growth

Leave a Reply

Your email address will not be published. Required fields are marked *

Locations

Helsinki (HQ)

In the capital city of Finland, you will find our headquarters, and our first data centre. This is where we handle most of our development and innovation.

London

London was our second office to open, and a important step in introducing UpCloud to the world. Here our amazing staff can help you with both sales and support, in addition to host tons of interesting meetups.

Seattle

Seattle is our 4th and latest office to be opened, and our way to reach out across the pond to our many users in the Americas.

Singapore

Singapore was our 3rd office to be opened, and enjoys one of most engaged and fastest growing user bases we have ever seen.