UpCloud
Latest round
- Series B
Last raised
- Jan 2020
Total raised
- Undisclosed
Investors
- 2
About UpCloud
UpCloud Ltd, based in Finland, provides cloud services with a focus on high-performance infrastructure for businesses.UpCloud Ltd is a cloud service provider founded in 2011 in Helsinki, Finland. The company specializes in delivering robust cloud infrastructure solutions. The founder, Antti Vilpponen, has extensive experience in the tech industry.UpCloud specializes in providing a robust cloud infrastructure tailored to small and medium-sized businesses (SMBs). Its core offerings include high-performance cloud servers, managed databases, private cloud solutions, and managed Kubernetes, all designed to enhance operational efficiency and scalability. The cloud servers, which support both Linux and Windows operating systems, allow customers to deploy and manage their computing resources with full control and flexibility. High-performance GPU servers are optimized for artificial intelligence (AI) and machine learning (ML) workloads, while the private cloud solution ensures security and compliance for sensitive data. These services are utilized by a diverse clientele, ranging from digital agencies and eCommerce platforms to hosting providers and software developers, specifically in markets such as Europe, North America, and Asia-Pacific.UpCloud's revenue model is built around a subscription-based structure, providing customers with transparent pricing plans for their cloud offerings.60, with an EBITDA of EUR 880,386. Clients can select from various service tiers that cater to differing needs, with fixed monthly costs to avoid unexpected expenses. For instance, the company’s cloud servers are offered starting at EUR 3 per month, facilitating cost-effective access to high-performance computing resources. Revenue is generated primarily through direct transactions with businesses, encompassing both B2B and direct-to-consumer sales channels. The company is focused on designing new products tailored to emerging technologies and expects to launch these innovations in the coming year. Additionally, there are plans to expand into new geographic markets, specifically targeting Asia-Pacific regions by the end of 2024.00 mn will support these initiatives, enabling UpCloud to strengthen its market presence and enhance its technological capabilities.
Who invested in UpCloud
2 investors across 1 round
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Funding rounds
Series B
Jan 20, 2020
Amount
Undisclosed
Investors
Questions about UpCloud
Who invested in UpCloud?
UpCloud has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has UpCloud raised?
UpCloud has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did UpCloud last raise money?
UpCloud's most recent round on record is a Series B, in Jan 2020.
What does UpCloud do?
UpCloud Ltd, based in Finland, provides cloud services with a focus on high-performance infrastructure for businesses.
Where is UpCloud headquartered?
UpCloud is headquartered in Helsinki, Finland.
Which VCs invest in companies like UpCloud?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at UpCloud's stage. Their profiles are linked below.
VCs backing software startups at Series B
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