gridscale is a Cologne, Germany-based provider of IaaS and PaaS solutions that enables customers to create, implement and manage complex hosting and infrastructure projects. The platform offers automated real-time scaling of independent cloud infrastructure with per-minute billing. Customers cited in the article include Controlware, KOMSA, Butlers and Karlsruher Verkehrsbetriebe, and its white-label solutions are used by IT system houses and agencies. Led by co-founder and CEO Henrik Hasenkamp, the company focuses on cost-efficient, usage-based infrastructure for German customers. gridscale plans to use the funding to further develop its platform and pursue global expansion, including expanding its range of PaaS applications and additional services for indirect sales channels. gridscale is an Infrastructure-as-a-Service startup based in Cologne, Germany, that provides virtual data center services. Founded in September 2014 by Michael Balser, Henrik Hasenkamp and Torsten Urbas, the platform offers configurable IaaS components—virtual cloud servers, storage and network resources—and complementary PaaS features such as load balancers, firewalls and S3 solutions. Its architecture lets B2B and B2C customers choose among options and enables integration into corporate and system processes, making the service suitable for both developers and enterprises. Customers include Webtrekk GmbH, billwerk GmbH and CTS GmbH. gridscale received its first seed funding from High‑Tech Gründerfonds; the amount was not disclosed. The company intends to use the funds for international expansion and product development.

Total raised

$8M

Funding rounds

2

Latest round

Series A

Latest activity

Mar 2019