Northern Data

Frankfurt Am Main, Germany Founded: 2017 • Age: 9 yrs Acquired By Riot Blockchain
Platform offering hpc based cloud computing solutions
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Northern Data

Northern Data is a company based in Frankfurt Am Main (Germany) founded in 2017 by Mathis S and Marco Beckmann was acquired by Riot Blockchain in April 2021. Northern Data has completed 5 acquisitions, including Daemoon, Damoon and Decentric Europe. Northern Data offers products and services including AI Cloud Services, Data Centers, and AI Accelerator. Northern Data operates in a competitive market with competitors including Hewlett Packard Enterprise, Rescale, Theta Token, Cornami and Luminous, among others.

  • Headquarter Frankfurt Am Main, Germany
  • Founders Mathis S, Marco Beckmann
  • Stage Public
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Northern Data Ag
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $420 M (USD), Post-IPO

    Sep 21, 2023

  • Investors
    Tether

    & 1 more

  • Employee Count
    Not available
  • Investments & Acquisitions
    Daemoon

    & 4 more

  • Acquired by
    Riot Blockchain

    (Apr 09, 2021)

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Products & Services of Northern Data

Northern Data offers a comprehensive portfolio of products and services, including AI Cloud Services, Data Centers, and AI Accelerator.

Product name locked
Category locked
Primary

Flexible and secure cloud for AI workloads using NVIDIA hardware.

Product name locked
Category locked
Locked

Purpose-built facilities for high-performance computing needs.

Product name locked
Category locked
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Platform democratizing access to advanced AI technologies.

People of Northern Data

Headcount 50-200
Employee Profiles 38
Employee Profiles
People
Aroosh Thillainathan
CEO
People
Mona A.
Senior People Business Partner
People
Daniyal Bashir
Talent Acquisition Partner
People
Bevan Lee
VP Of Finance

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Funding Insights of Northern Data

Investors in Northern Data

Northern Data has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Tether and Riot Platforms.

All
Institutional
Investor Description Founded Year Domain Location
USD-backed stablecoins are issued on multiple blockchains by Tether.
Locked Locked Locked
Riot Platforms is engaged in Bitcoin mining and infrastructure development.
Locked Locked Locked
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Investor details for Northern Data

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Northern Data

Northern Data has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Daemoon, Damoon and Decentric Europe.

Investments
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Investment portfolio details for Northern Data

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Bitcoin mining software is offered to individuals and businesses.
Locked Locked 2020 Locked
Engineering technology solutions are provided since 1994.
Locked Locked 1994 Locked
Cloud services are provided to support business infrastructure needs.
Locked Locked 0 Locked
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Complete acquisition details for Northern Data

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Northern Data

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Detailed financials for Northern Data

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  • Profit trends
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Northern Data Comparisons

Northern Data Primary company
Description
Platform offering hpc based cloud computing solutions
Location
Frankfurt Am Main, Germany
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Northern Data

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Northern Data

Northern Data 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 Hewlett Packard Enterprise, Rescale, Theta Token, Cornami and Luminous, among others.

Company Name Domain Founded year HQ Location Description
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HPC solutions are delivered via supercomputers and storage systems.
Locked Locked Locked
Provider of cloud based HPC services
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Decentralized peer-to-peer video delivery is enabled through token rewards.
Locked Locked Locked
AI-powered microprocessors are supplied for parallel computing tasks.
Locked Locked Locked
AI-based supercomputers are built via a specialized platform.
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Detailed competitors of Northern Data

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  • Domains and locations
  • Full company profiles
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Latest news on Northern Data

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Complete news archive for Northern Data

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Frequently Asked Questions about Northern Data

Northern Data was founded in 2017 and raised its 1st funding round 6 years after it was founded.

Northern Data is headquartered in Frankfurt Am Main, Germany. It is registered at Frankfurt Am Main, Hesse, Germany.

Northern Data was established in 2017 in Frankfurt Am Main, Germany, within the cloud computing sector. High-performance computing solutions are delivered through a GPU-focused platform. Management of computing resources is enabled for virtualization of applications or servers, explorative data analysis, rendering, and AI tasks involving inference and training. Green data center options are incorporated to support sustainable operations across various workloads.

Northern Data's top competitors include Rescale, Hewlett Packard Enterprise and Theta Token.

Northern Data offers AI Cloud Services, Data Centers, and AI Accelerator.

Northern Data has made 5 acquisitions, including Daemoon, Damoon, and Decentric Europe.

Northern Data has 2 investors. Key investors include Tether, and Riot Platforms.

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