gridscale Receives Seed Funding from High-Tech Gründerfonds

gridscalegridscale, a Cologne, Germany-based Infrastructure-as-a-Service startup, received its first seed funding round from High-Tech Gründerfonds (HTGF).

The amount of the deal was not disclosed.

The company intends to use the funds for international expansion and product development.

Founded in September 2014 by Michael Balser, Henrik Hasenkamp and Torsten Urbas, gridscale offers virtual data center services based on the latest technological standards.
The architecture enables B2B and B2C customers to choose between a variety of options with regards to IaaS components (e.g. virtual cloud server, storage, network resources) and complementary PaaS components (e.g. loadbalancer, firewall, S3 solutions).
It can be used both by developers and companies which can integrate the platform into corporate and system processes.
Customers include Webtrekk GmbH, billwerk GmbH and CTS GmbH, among others.



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