Luxembourg-based Gcore, a company specializing in edge and cloud-based services, has successfully raised €55.1 million in a Series A funding round. This significant investment, led by Wargaming, Constructor Capital, and Han River Partners, marks Gcore’s first external funding since its establishment over ten years ago.
With a focus on advancing AI innovation and technology development, Gcore plans to utilize the funds to enhance its AI servers by integrating NVIDIA GPUs, positioning itself at the forefront of the forthcoming AI revolution. CEO Andre Reitenbach emphasized the company’s commitment to providing cutting-edge AI, cloud, and edge solutions to meet the evolving needs of businesses worldwide.
Established in 2014, Gcore has positioned itself as a global leader in public cloud and edge computing, content delivery, hosting, and security solutions. Boasting a network of over 180 edge nodes, the company serves a diverse clientele, including public organizations, telecommunications companies, and multinational corporations, with reliable and scalable edge AI, cloud, network, and security services.
As Gcore embarks on its next phase of growth, fueled by strategic investments, the company remains dedicated to driving innovation in AI technology to facilitate seamless accessibility to AI solutions globally. With its headquarters in Luxembourg and a strong presence in various international locations, Gcore is poised to revolutionize the AI landscape, ensuring accessibility to advanced AI services anytime, anywhere.
