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Home > Data Center > Verne Global raises $27M for its data center campus

Verne Global raises $27M for its data center campus

Verne Global, announced a new round of funding of $27M to expand its Icelandic data center campus.

Erdem Yasar by Erdem Yasar
June 4, 2020
in Cloud Computing, Data Center
1 min read
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Verne Global raises $27M for its data center campus
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Verne Global announced a $27M funding round. Verne Global’s all current investors, Wellcome Trust, Novator Partners, Stefnir and General Catalyst, participated in the round. The company stated that $27M funding expands the enterprise capacity of Verne Global’s high-performance computing solutions. The company also announced that recent customer satisfaction surveys show Verne Global with a 98% customer satisfaction rating and a Net Promoter score of 88.

HPC workloads and algorithmic AI compute needs

Dominic Ward, Chief Executive Officer for Verne Global
Dominic Ward, Chief Executive Officer for Verne Global

According to the company’s statement, customers are turning to Verne Global for their power intensive HPC workloads and extreme algorithmic AI compute needs. Dominic Ward, Chief Executive Officer for Verne Global said,

“We are excited about this expansion as it is driven by strong demand from both existing and potential customers for high-performance computing solutions. Our customers grow their compute requirements with us because they are able to operate more effectively with us than anywhere else. In addition, the HPC expertise we’ve been able to cultivate allows us to provide an exceptional level of customer service for the unique characteristics and requirements of HPC projects.”

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Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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