Nordcloud secures EUR 20 million funding
Finnish public cloud services company Nordcloud has raised 20 million euros from Finnvera and OP Corporate Bank.
The Finnish company plans to recruit more than 500 new team members across key European markets during the next 18 months, as well as expand its R&D and invest in its public cloud capabilities.
“Nordcloud has been growth-focused from the start,” said Nordcloud’s CEO, Jan Kritz. “Over the past three years, our organic growth rate has been over 500 per cent. Together with our partners, people and customers, we’ve realised our vision of bringing about truly agile and efficient corporate IT through hyperscale cloud and software.”
The company currently employs more than 400 cloud experts across 10 European markets and is partners with major public cloud platforms AWS, Microsoft and Google. It has a revenue run-rate of over 60 million euros.
Good News from Finland is published by Finnfacts, which is part of Business Finland.