GreenQloud raises new funding round

GreenQloud, the cloud infrastructure software company, has closed a funding round led by the international investment firm Novator, and existing investors Keel Investments LLC and Nýsköpunarsjóður atvinnulífsins. The new investment round will facilitate deeper market reach and operational expansion in new territories.

In addition to GreenQloud’s growth in Europe, the company is currently opening its first US office in the Seattle area. GreenQloud has had several wins of late, including international awards acknowledgements and CCP Games’ announcement that it will implement GreenQloud’s QStack™ software to manage its extensive IT infrastructure.

“Novator recognizes the value that GreenQloud brings to the exponentially expanding cloud infrastructure industry and has demonstrated remarkable traction in capturing the IT market internationally, ” said Birgir Már Ragnarsson, Partner at Novator. “We believe GreenQloud is well positioned to become the leader in private/hybrid cloud software solutions.”

“We were thrilled to be in the luxury position of vetting investors for this round of funding. I’m extremely happy with the experienced investors we selected, who bring with them proven value and a network that can be leveraged to help ensure our growth,” said Jónsi Stefánsson, CEO of GreenQloud.
 

DE-CIX introduces AWS Cloud On-Ramp in Istanbul for secure, high-performance cloud access,...
Hitachi Vantara's Virtual Storage Platform One lands on Google Cloud Marketplace, enhancing hybrid...
Optus partners with Nokia to enhance 5G services with a cloud-native approach, leveraging hybrid...
Numecent's latest update introduces native support for Windows on Arm, paving the way for seamless...
Leostream introduces a secure solution for external stakeholders, ensuring safe and efficient...
Zen Internet earns AWS Small and Medium Business Competency, reinforcing its dedication to SMBs...
Parallel Works introduces its ACTIVATE AI Partner Ecosystem, enhancing AI infrastructure with...
Brazil's Hcor harnesses Oracle's cloud solutions to independently manage critical immunology...