About GridScale
GridScale is a company based in Koln (Germany) founded in 2014 was acquired by OVHcloud in September 2023.. GridScale has raised $7.89 million across 2 funding rounds from investors including OVHcloud, EnBW New Ventures and EnjoyVenture. The company has 57 employees as of December 31, 2020. GridScale offers products and services including Compute, Object Storage, Managed Kubernetes, Managed Database, and Cloud Load Balancer. GridScale operates in a competitive market with competitors including IBM, Hewlett Packard Enterprise, Oracle, Virtustream and Kingsoft Cloud, among others.
- Headquarter Koln, Germany
- Employees 57 as on 31 Dec, 2020
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Technology
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- Legal Name Gridscale Gmbh
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Products & Services of GridScale
GridScale offers a comprehensive portfolio of products and services, including Compute, Object Storage, Managed Kubernetes, Managed Database, and Cloud Load Balancer. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for provisioning and scaling virtual machines for workloads
Service for secure and scalable object-based data storage solutions
Fully managed platform for deploying and managing Kubernetes clusters
Automated management of databases for enterprise applications
Tool for distributing traffic across resources for optimal performance
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Funding Insights of GridScale
GridScale has successfully raised a total of $7.89M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.89 million completed in March 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $7.9M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2019 | Amount | Series A - GridScale | Valuation | EnBW New Ventures , Endeit Capital | |
| Aug, 2016 | Amount | Seed - GridScale | Valuation | HTGF |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in GridScale
GridScale has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include OVHcloud, EnBW New Ventures and EnjoyVenture. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Corporate venture capital is provided by EnBW New Ventures to support sustainable infrastructure startups.
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Investments are focused on life sciences and tech in Germany.
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Edtech, digital media, eCommerce companies are funded by Endeit Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by GridScale
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GridScale
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gridscale Comparisons
Competitors of GridScale
GridScale operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as IBM, Hewlett Packard Enterprise, Oracle, Virtustream and Kingsoft Cloud, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Hybrid cloud and DevOps automation are delivered to enterprises.
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HPC solutions are delivered via supercomputers and storage systems.
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Hybrid cloud infrastructure solutions are delivered for business management.
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Hybrid cloud services are provided to enterprises and organizations.
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Hybrid cloud solutions are delivered to enterprises in diverse industries.
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Public cloud solutions and storage services are provided for applications.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Gridscale
Frequently Asked Questions about GridScale
When was GridScale founded?
GridScale was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is GridScale located?
GridScale is headquartered in Koln, Germany. It is registered at Koln, North Rhine-westphalia, Germany.
Is GridScale a funded company?
GridScale is a funded company, having raised a total of $7.89M across 2 funding rounds to date.
How many employees does GridScale have?
As of Dec 31, 2020, the latest employee count at GridScale is 57.
What does GridScale do?
GridScale was founded in 2014 in Cologne, Germany, and operates in the cloud computing sector. Infrastructure as a service solutions are delivered, featuring scalable resources including CPU cores, RAM, and SSD storage. Pre-installed templates and ISO images for platforms such as Ubuntu, Debian, Linux, and Fedora are supported. A management console enables self-servicing and provisioning for cloud environments.
Who are the top competitors of GridScale?
GridScale's top competitors include Kingsoft Cloud, Oracle and IBM.
What products or services does GridScale offer?
GridScale offers Compute, Object Storage, Managed Kubernetes, Managed Database, and Cloud Load Balancer.
Who are GridScale's investors?
GridScale has 5 investors. Key investors include OVHcloud, EnBW New Ventures, EnjoyVenture, Endeit Capital, and High-Tech Gründerfonds.
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