De Novo Receives Equity Investment from Intel Capital and IFC

De Novo,LLC, a Kiev, Ukraine-based enterprise-class data center provider, has received an equity investment from Intel Capital and International Finance Corporation (IFC).
The IFC, a member of the World Bank group, has committed $3.5m. The amount of Intel Capital’s investment was not disclosed. They became the companys’ minority investors. The overall scope of investments in De Novo by the end of 2011 will amount to over $25.0m, with KM Core acting as the majority shareholder.
Founded in 2008, The company provides professional IT, business consulting and retail banking solutions, which complement the major initiative, the newly-constructed De Novo Data Center, the first enterprise class Tier III data center located in Ukraine.
The funds from this investment will be used to commercially launch DeNovo Data Center and expand portfolio of services.

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