Verne Global Raises $27M in Funding

verne global

Verne Global, a Reykjanesbær, Iceland-based provider of advanced data center solutions for high performance computing (HPC), raised $27M in funding.

All current investors – the Wellcome Trust, Novator Partners, Stefnir and General Catalyst – participated in the round.

The company intends to use the funds to expand its Icelandic data center campus.

Founded in 2012 by Dominic Ward, chief executive officer, Verne Global provides high performance computing solutions to customers across financial services, engineering, scientific research and other industries for their power intensive HPC workloads and extreme algorithmic AI compute needs.

FinSMEs

03/06/2020

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