Softbank-backed THG Ingenuity invests in cloud technology platform Civo

▤ Summary

The funding comes at an important phase of growth for Civo as it creates the go-to platform for building cloud-native Kubernetes applications. The platform offers a wealth of simplified capabilities for building scalable zero-downtime e-commerce applications that bolt onto THG Ingenuity. Civo is currently the fastest managed Kubernetes provider in the world, with a fully usable cluster deploying in under 90 seconds. In turn, THG has sought best-of-breed partners that help us create the most seamless, effective, and scalable direct-to-consumer retail models in a single, digital platform. We are delighted to invest in Civo and to support the next phase of growth of this impressive technology success story.”

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