NxtGen Datacentre and Cloud Technologies, a Bangalore, India-based IT infrastructure services company, raised $13.5m in Series B funding.
IFC, Axon Partners Group and Intel Capital made the investment.
The company intends to use the funds to expand operations, to complete a data centre facility in Banagalore, as well as to grow investments in cloud infrastructure.
Led by A.S Rajgopal, Managing Director & Chief Executive Officer, and V. Kannan, Chief Operating Officer, NxtGen provides data center and cloud-based services that can be provided both from its high density data center (HDDC™) facilities or deployed at On-premise data centers (OPDC™) that are managed centrally.
The company’s Enterprise Cloud Services™ (ECS) provide private and public clouds or hybrid cloud infrastructure hosted on OPDC™ or HDDC™.