UpCloud secures €4 million for growth

Announcements

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

Most Relevant Blog

Autumn Greetings and New Features!

Our service was launched exactly five months ago today. Although the months have flashed by at the speed of light, we have already had time to see our service filling a vacuum in the Finnish IaaS supply and how enthusiastically it has been received in different circles. Nowadays, our clients include private individuals, as well […]

Antti Vilpponen joins UpCloud

Antti Vilpponen, the former CEO and co-founder of Northern Europe’s largest startup media ArcticStartup, has joined UpCloud as General Manager. Vilpponen will be in charge of commercial activities of the company as well as the expansion of international operations. Welcome on board Antti!