Gcore Secures $60M Series A to Expand Edge AI and Cloud Solutions
Gcore's commitment to innovation and quality service delivery has positioned it as a key player in the technology sector, especially in providing solutions that leverage artificial intelligence for enhanced security and network management.
Company Name: Gcore
Location: Luxembourg
Sector: Technology, Cloud Computing, Network Security
Funding Details: Raised $60M in Series A funding. The round was led by Wargaming, with participation from Constructor Capital and Han River Partners.
Purpose of Investment: To enhance its technology and platform, including the integration of AI servers powered by NVIDIA GPUs, to foster AI-driven innovations.
Leadership: Led by CEO Andre Reitenbach.
Product and Innovation: Gcore is a provider of cutting-edge AI, cloud, network, and security solutions, serving global leaders across various industries. The company is renowned for its robust global IT infrastructure, which spans six continents and delivers one of the best network performances in Europe, Africa, and LATAM. This performance is highlighted by an impressive average worldwide response time of 30 ms.
Company Growth: With a team of 600 professionals operating from ten international offices, Gcore manages an extensive network of 180 points of presence in highly reliable Tier IV and Tier III data centers. Its network's total capacity exceeds 200 Tbps, ensuring vast scalability and high performance.
About the Company: Gcore's commitment to innovation and quality service delivery has positioned it as a key player in the technology sector, especially in providing solutions that leverage artificial intelligence for enhanced security and network management.
Future Plans: With this new funding, Gcore plans to further invest in its core technologies and expand its offerings in AI and cloud solutions. This strategic investment will enable the company to drive greater innovation, improve service delivery, and maintain its competitive edge in the rapidly evolving tech industry.