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UpCloud secures €18 million funding to fuel growth
Hi Jordan,
We are incredibly excited to announce that UpCloud has secured €18 million in equity and debt funding to expedite our international growth.
This investment round was led by Connected Capital & Partners, a Netherlands based B2B software growth investor and includes participation from Finnish Industry Investment, a Finnish state-owned investment company and Inventure, a Finnish Venture Capital company who also invested into UpCloud in 2016.
You can expect to see some thrilling news coming over the next 24 months! The new funding will be used to grow the product development, technology, sales and marketing teams and further develop new software-based products and features for you, our users. We also plan to recruit more than 100 new employees and launch more than 10 new data centres across all our key markets in Europe, Asia, and North America, as well as new markets such as Australia!
Read more about the funding news at the announcement and learn a bit about our history and goals.
Thank you to all our users for your continued trust in us!
Happy coding,
Team UpCloud
Comments
im waiting for indian location from upcloud been using their san jose location solid network
UpCloud is really a stable provider, more like BuyVM of the Europe.
I've got a call from them when my ticket was open of routing issues with them. At the same time, Their sales rep of India rep called and said They're going to open a DC in Mumbai this year.
OVH is also opening their DC in India this year. Looking forward to see the competition in India
DO in BLR is outlier and a good thing for me
Any idea about OVH location?
https://us.ovhcloud.com/about/contact
Seeing from here, they registered their Office in Bangalore, so could be there.
anyone want $20 referral to try upcloud give me a PM
Since 2018.. Love them
Excellent news. Upcloud performed very well in my 13-way VPS comparison benchmarks between Upcloud, DigitalOcean, Linode, Vultr and Hetzner https://community.centminmod.com/threads/13-way-vps-server-benchmark-comparison-tests-upcloud-vs-digitalocean-vs-linode-vs-vultr-vs-hetzner.17742/