Logo

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.

  • Monday, 3rd November 2014 Posted 11 years ago in by Phil Alsop

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.
 

Atlassian Corporation has introduced new AI features in Confluence that enable content to be...
CirrusHQ strengthens its sales team, appointing Gary Beddow to drive cloud business development,...
DXC Technology and ServiceNow have announced a collaboration to integrate AI into enterprise...
Cloudera has announced updates to its hybrid data and AI platform aimed at supporting enterprise...
Elida Beauty partners with SnapLogic to establish a modern IT environment post-spin-off, aiming to...
CoreView has launched Corey, an AI agent designed to support IT teams in managing Microsoft 365...
Financial services face escalating data security risks from widespread generative AI usage.
Proton has launched Proton Workspace, a suite of business productivity tools, alongside Proton...