# Gigas Hosting

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gigas-hosting-s-a

- Industry: IT Infrastructure
- Headquarters: Madrid, Spain
- Website: www.gigas.com
- Total disclosed funding: $5.2M
- Latest round: Seed (Mar 20, 2014)
- Investors on record: 3

## About

Based in Spain, Gigas Hosting S.A. specializes in cloud services and telecommunications, providing comprehensive solutions for digital transformation and IT infrastructure management.Gigas Hosting S.A. is a cloud service provider founded in 2011 and headquartered in Madrid, Spain. The company was established by Diego Cabezudo and Jose Sancho. Gigas has completed a total of 7 funding deals, including a PIPE round in November 2015, raising EUR 0.030 mn from UdeKta Capital, which brought the total amount raised to EUR 0.030 mn.Gigas is a comprehensive provider of cloud services, telecommunications, and cloud security solutions designed to facilitate digital transformation for businesses. Their primary offerings include flexible cloud infrastructure, such as their Cloud Datacenter and Private Cloud Connect; backup solutions like g-Backup Infinite; and specialized platforms like Sage Cloud, which is certified for Sage applications. These services enable companies to create, manage, and scale their virtual data centers efficiently while ensuring security and high availability. Gigas caters to over 10,000 clients globally across various industries relying on secure and efficient IT solutions. The company operates in multiple geographic markets, including Spain, Ireland, the United States, and several Latin American countries such as Chile, Colombia, and Mexico, as well as Portugal and Brazil.In the most recent year reported, Gigas generated revenue of EUR 61,674,231.80 with an EBITDA of EUR 12,698,027.70 for the year 2021. Their revenue model primarily involves subscription-based services, allowing clients to engage in long-term agreements for access to cloud and telecommunications offerings, which provides a predictable revenue stream.Gigas is focused on expanding its product offerings and geographic reach. Upcoming products include enhancements to their cloud infrastructure designed to improve service efficiency, although specific release dates are not disclosed. The company aims to expand into additional markets in Latin America and Europe by the end of 2023. The recent funding raised in November 2015 will be utilized to support these growth initiatives, particularly in enhancing infrastructure and service capabilities.

## Funding rounds

- Seed, Mar 20, 2014, $2.7M — Cabiedes & Partners, Caixa Capital Risc, Bonsai Venture Capital
- Series A, Oct 20, 2011, $2.5M — Cabiedes & Partners, Bonsai Venture Capital

## Investors

- Cabiedes & Partners (https://capitalatlas.ai/funds/cabiedes-partners) — Series A, Seed
- Bonsai Venture Capital (https://capitalatlas.ai/funds/bonsai-venture-capital) — Series A, Seed
- Caixa Capital Risc — Seed