Gigas Raises $2.7M

Gigas, a Madrid, Spain-based cloud hosting provider, raised $2.7m in funding.

Backers included existing investors Cabiedes & Partners, Bonsai Venture Capital and Caixa Capital Risc.

The company intends to use the funds to accelerate growth plans across Latin America (Colombia, Chile and Peru).

Led by Diego Cabezudo, Founder and CEO, Gigas offers scalable cloud hosting platforms which leverage a localized, culturally aware, in-language service. The company, which has offices in five countries, currently serves 3,000 customers including global brands and local upstarts. The list includes Wal-Mart, Iberia, Aon and the United Nations, among others.



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