{"id":42689,"date":"2019-03-13T21:01:18","date_gmt":"2019-03-13T19:01:18","guid":{"rendered":"https:\/\/newserver.fyb.de\/gridscale-receives-e7-million-in-growth-capital\/"},"modified":"2019-03-13T21:01:18","modified_gmt":"2019-03-13T19:01:18","slug":"gridscale-receives-e7-million-in-growth-capital","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/gridscale-receives-e7-million-in-growth-capital\/","title":{"rendered":"gridscale receives \u20ac7 million in growth capital"},"content":{"rendered":"<p>Colo\u00adgne, Germany \u2014 <strong>gridscale<\/strong>, the Colo\u00adgne-based provi\u00adder of inno\u00adva\u00adtive Infra\u00adstruc\u00adture-as-a-Service and Plat\u00adform-as-a-Service (IaaS and PaaS) solu\u00adti\u00adons, recei\u00adves \u20ac7 million in new capi\u00adtal in its Series A finan\u00adcing round. The round is led by <strong>Endeit Capi\u00adtal <\/strong>and<strong> EnBW New Ventures<\/strong>. In addi\u00adtion, the exis\u00adting inves\u00adtors<strong> Enjoy\u00adVen\u00adture<\/strong> with the BLSW Seed and Growth Fund as well as the <strong>High-Tech Gr\u00fcn\u00adder\u00adfonds<\/strong> parti\u00adci\u00adpa\u00adted. The capi\u00adtal now available will be used for the further deve\u00adlo\u00adp\u00adment of gridscale in terms of tech\u00adno\u00adlogy and person\u00adnel as well as for the inter\u00adna\u00adtio\u00adna\u00adliza\u00adtion of the business.<\/p>\n<p><strong>gridscale offers custo\u00admers the possi\u00adbi\u00adlity to flexi\u00adbly realize complex hosting and infra\u00adstruc\u00adture projects.<\/strong>  The alre\u00adady high degree of auto\u00adma\u00adtion of the plat\u00adform will be further expan\u00added by gridscale. Here, the company adhe\u00adres to the prin\u00adci\u00adple of real-time scaling of the infra\u00adstruc\u00adture with minute-by-minute billing. Custo\u00admers such as Control\u00adware, KOMSA, Butlers or the Karls\u00adru\u00adher Verkehrs\u00adbe\u00adtriebe actually only pay for the resour\u00adces they actually need when they use&nbsp;them.<\/p>\n<p>The company will expand its PaaS appli\u00adca\u00adtion offe\u00adrings and provide addi\u00adtio\u00adnal services to indi\u00adrect sales chan\u00adnels. System houses and agen\u00adcies alre\u00adady make use of gridsca\u00adle\u2019s intel\u00adli\u00adgent compon\u00adents. The white label solu\u00adtion addres\u00adses the speci\u00adfic needs of these part\u00adners and offers them the oppor\u00adtu\u00adnity to become relia\u00adble cloud provi\u00adders themselves.<\/p>\n<p>\u201cWe are very convin\u00adced of the poten\u00adtial of gridsca\u00adle\u2019s tech\u00adno\u00adlogy and team. gridscale has posi\u00adtio\u00adned itself with an inno\u00adva\u00adtive solu\u00adtion in the $50 billion and high-growth global IaaS and PaaS market. We are very proud to now be part of gridscale and to be able to accom\u00adpany them in their brand posi\u00adtio\u00adning and inter\u00adna\u00adtio\u00adnal expan\u00adsion,\u201d empha\u00adsi\u00adzes Martijn Hamann, Part\u00adner at Endeit Capi\u00adtal. Holger Wagner, Senior Invest\u00adment Mana\u00adger at EnBW New Ventures adds: \u201cThe team combi\u00adnes tech\u00adni\u00adcal exper\u00adtise, market know\u00adledge and a feel for the speci\u00adfic requi\u00adre\u00adments of custo\u00admers. We are plea\u00adsed to be part of this development.\u201d<\/p>\n<p>Henrik Hasen\u00adkamp, co-foun\u00adder and CEO of gridscale, is plea\u00adsed with the successful closing of the finan\u00adcing round: \u201cIn the end, people always work toge\u00adther. Endeit Capi\u00adtal and EnBW New Ventures stood out from a large number of VCs that showed equal inte\u00adrest in the tech\u00adno\u00adlogy and the team \u2014 a perfect match to our exis\u00adting share\u00adhol\u00adders. With the support of Endeit Capi\u00adtal and EnBW New Ventures, we are in a posi\u00adtion to once again signi\u00adfi\u00adcantly acce\u00adle\u00adrate our growth while simul\u00adta\u00adneously releasing a variety of new products and services. This is because we want to estab\u00adlish oursel\u00adves as a secure, scalable and relia\u00adble cloud service provi\u00adder in other parts of Europe in particular.\u201d<\/p>\n<p>About gridscale<br>\ngridscale is a Euro\u00adpean IaaS and PaaS provi\u00adder and crea\u00adtes the basis for sophisti\u00adca\u00adted cloud solu\u00adti\u00adons with its inno\u00adva\u00adtive tech\u00adno\u00adlogy. Head\u00adquar\u00adte\u00adred in Colo\u00adgne, Germany, the company\u2019s highly auto\u00adma\u00adted archi\u00adtec\u00adture offers forward-looking and digi\u00adtally orien\u00adted users a solu\u00adtion in which they can flexi\u00adbly choose between a variety of Infra\u00adstruc\u00adture-as-a-Service compon\u00adents (e.g., distri\u00adbu\u00adted storage solu\u00adti\u00adons, load balan\u00adcers and virtual servers) and comple\u00admen\u00adtary Plat\u00adform-as-a-Service elements (e.g., auto\u00adma\u00adti\u00adcally scaling data\u00adba\u00adses and IoT compon\u00adents). gridscale was foun\u00added in 2014 by Henrik Hasen\u00adkamp, Michael Balser and Tors\u00adten Urbas. The 2018 Crisp Vendor Universe Report sees gridscale as an inno\u00adva\u00adtor in cloud compu\u00adting services.<\/p>\n<p>With its inno\u00adva\u00adtive tech\u00adno\u00adlogy, gridscale takes cloud compu\u00adting to a new level-intel\u00adli\u00adgent compon\u00adents of the gridscale cloud connect seam\u00adlessly with all other enter\u00adprise IT resour\u00adces and extend the exis\u00adting infra\u00adstruc\u00adture. The requi\u00adred cloud resour\u00adces are available to users in real time and can be easily inte\u00adgra\u00adted into exis\u00adting company and system proces\u00adses, also thanks to the intui\u00adtive user inter\u00adface. This allows gridscale custo\u00admers to focus on their core compe\u00adten\u00adcies instead of deal\u00ading with the opera\u00adtion of their cloud infra\u00adstruc\u00adture, while still main\u00adtai\u00adning an over\u00adview at all times thanks to trans\u00adpa\u00adrent proces\u00adsing and minute-by-minute billing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Colo\u00adgne, Germany \u2014 gridscale, the Colo\u00ad\u00adgne-based provi\u00adder of inno\u00adva\u00adtive Infra\u00ads\u00adtruc\u00ad\u00adture-as-a-Service and Plat\u00ad\u00adform-as-a-Service (IaaS and PaaS) solu\u00adti\u00adons, recei\u00adves \u20ac7 million in new capi\u00adtal in its Series A finan\u00adcing round. The round is led by Endeit Capi\u00adtal and EnBW New Ventures. In addi\u00adtion, the exis\u00adting inves\u00adtors Enjoy\u00adVen\u00adture with the BLSW Seed and Growth Fund as well&nbsp;as&nbsp;[\u2026]<\/p>\n","protected":false},"author":2,"featured_media":42696,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366],"tags":[],"class_list":["post-42689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","news-category-venture-capital-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>gridscale receives \u20ac7 million in growth capital - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/gridscale-receives-e7-million-in-growth-capital\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"gridscale receives \u20ac7 million in growth capital - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Colo\u00adgne, Germany \u2014 gridscale, the Colo\u00adgne-based provi\u00adder of inno\u00adva\u00adtive Infra\u00adstruc\u00adture-as-a-Service and Plat\u00adform-as-a-Service (IaaS and PaaS) solu\u00adti\u00adons, recei\u00adves \u20ac7 million in new capi\u00adtal in its Series A finan\u00adcing round. 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