Cologne-based gridscale which provides innovative IaaS and PaaS (Infrastructure-as-a-Service and Platform-as-a-Service) solutions has recently made it to the headlines.
Secures €7 million funding
In a recent development, the German startup has secured €7 million growth capital in Series A funding round led by Endeit Capital and EnBW New Ventures along with participation from existing investors such as EnjoyVenture (BLSW Seed- & Wachstumsfonds) and High-Tech Gründerfonds. For Endeit Capital, this is another investment in the SaaS domain, after investments in VirtuaGym (Netherlands) and Gastrofix (Germany).