Cubbit, the first geo-distributed cloud enabler, raises $12.5M to bring data storage independence to organisations, starting from Europe
Summary
Bologna, Italy and London, UK 16th July 2024 Cubbit, the first geo-distributed cloud storage enabler, today announced the closing of its $12.5M funding round. The round will also further accelerate Cubbits technology adoption, which is rapidly growing in Europe with more than 350 business customers, and is supported by several international partnerships, including HPE, Equinix and Exclusive Networks. Part of the funding will go towards further consolidation of the application ecosystem around Cubbits enabling technology to support vertical projects in various industries, including aerospace, defense, cybersecurity, healthcare and public administration. Over the past few years, we have grown massively and closed key partnerships and agreements with international players such as Leonardo, HPE, and Equinix now its time to take our expansion to the next level. Cubbits cloud storage software elegantly addresses all of these needs, and were excited to back Stefano, Alessandro and the whole team as they respond to the intense pull theyre experiencing from the market.