# Gcore

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gcore

- Industry: Internet
- Headquarters: Contern, Luxembourg
- Website: www.gcore.com/
- Total disclosed funding: $60M
- Latest round: Series A (Jul 23, 2024)
- Investors on record: 3

## About

Gcore, based in Luxembourg, specializes in IT services, offering cloud, edge, security, and AI solutions that enhance digital infrastructure for businesses globally.Founded in 2014, Gcore operates from Contern, Luxembourg, providing IT solutions that include cloud and security services. The company raised USD 60.00 mn in a Series A funding round on July 23, 2024, led by Wargaming, with participation from Constructor Capital and Han River Partners. Gcore has secured a total amount of USD 60.00 mn through its funding rounds.Gcore specializes in comprehensive cloud, edge, security, and AI solutions designed to enhance digital infrastructure for businesses worldwide. Their primary offerings include a robust cloud service suite that allows firms to build, deploy, and scale applications efficiently and cost-effectively. Gcore's platform integrates various services such as CDN, DDoS protection, and managed Kubernetes, ensuring seamless interoperability and high-performance standards essential for supporting demanding applications. They cater to diverse industries, including media, gaming, and e-commerce, and are utilized by notable clients such as ProSieben and Funcom. Gcore operates across multiple geographical markets, significantly impacting regions such as North America, Europe, and Latin America, where they deliver tailored solutions to address the unique challenges of content delivery, AI model training, and real-time application performance.Gcore generates revenue through a flexible transaction structure that includes subscription-based models and service agreements with clients. Their offerings encompass a variety of products, prominently featuring GPU Cloud services which provide on-demand access to high-performance computing resources. Businesses typically engage with Gcore through contracts that define their service level agreements, which can range from monthly subscriptions for cloud resources to variable pricing based on usage for GPU access. This pricing structure enables clients to scale their services according to demand, particularly in high-traffic scenarios such as live broadcasts or AI model training sessions. The overall revenue model is further supported by partnerships with various industries seeking to enhance their operational efficiencies and digital capabilities.In July 2024, Gcore raised USD 60.00 mn in Series A funding, led by Wargaming, to enhance its technology and platform. The company aims to launch new products designed to address emerging market needs and expand its services into additional regions, focusing on North America, Europe, and Latin America. The use of recent funding will support the development of advanced technology solutions to meet increasing demand.

## Funding rounds

- Series A, Jul 23, 2024, $60M — Wargaming, Han River Partners, Constructor Capital

## Investors

- Wargaming — Series A
- Han River Partners (https://capitalatlas.ai/funds/han-river-partners) — Series A
- Constructor Capital (https://capitalatlas.ai/funds/constructor-capital) — Series A