GreenQloud Raises New Funding Round to Expand Operations and Market Reach

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GreenQloud, the cloud infrastructure software company, today announced it has closed a funding round led by the international investment firm Novator, and existing investors Keel Investments LLC and Nýsköpunarsjóður atvinnulífsins. In addition to GreenQloud’s growth in Europe, the company is currently opening its first US office in the Seattle area.

GreenQloud

“Novator recognizes the value that GreenQloud brings to the exponentially expanding cloud infrastructure industry and has demonstrated remarkable traction in capturing the IT market internationally, ” said Birgir Már Ragnarsson, Partner at Novator.

GreenQloud, the cloud infrastructure software company, today announced it has closed a funding round led by the international investment firm Novator, and existing investors Keel Investments LLC and Nýsköpunarsjóður atvinnulífsins. The new investment round will facilitate deeper market reach and operational expansion in new territories.

In addition to GreenQloud’s growth in Europe, the company is currently opening its first US office in the Seattle area. GreenQloud has had several wins of late, including international awards acknowledgements and CCP Games’ announcement that it will implement GreenQloud’s QStack™ software to manage its extensive IT infrastructure.

“Novator recognizes the value that GreenQloud brings to the exponentially expanding cloud infrastructure industry and has demonstrated remarkable traction in capturing the IT market internationally, ” said Birgir Már Ragnarsson, Partner at Novator. “We believe GreenQloud is well positioned to become the leader in private/hybrid cloud software solutions.”

“We were thrilled to be in the luxury position of vetting investors for this round of funding. I’m extremely happy with the experienced investors we selected, who bring with them proven value and a network that can be leveraged to help ensure our growth,” said Jónsi Stefánsson, CEO of GreenQloud.

About GreenQloud

GreenQloud is a cloud infrastructure software solutions company whose services feature an easy-to-use, self-service web console and advanced industry compatible API controls for full automation of IT services.

GreenQloud was founded in 2010 and is privately funded through Novator, Keel Investments LLC, Nýsköpunarsjóður and others. The company has won several Icelandic government grants, such as the technology grant from Rannis (The Icelandic Centre for Research) and the IMPRA grant from Nýsköpunarmiðstöð Íslands (Innovation Center Iceland).

GreenQloud has been lauded by the industry and media for its easy-to-use cloud infrastructure software solutions and commitment to corporate sustainability. Advania and Verne Global serve as primary data center locations for GreenQloud in Iceland. Digital Fortress™ is the primary data center location for GreenQloud in the US. For more information visit http://www.greenqloud.com.

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