German provider of infrastructure-as-a-service and platform-as-a-service solutions (IaaS and PaaS), gridscale, has landed a €7 million funding round led by Endeit Capital and EnBW New Ventures, with participation from BLSW Seed and Growth Fund and High-Tech Gründerfonds.

Founded in 2014 and headquartered in Cologne, gridscale offers scalable infrastructure-as-a-service solutions billed per minute, such as distributed storage, load balancers, and virtual servers, as well as platform-as-a-service elements like automatically scaling databases and IoT components.

Currently, gridscale focuses on German-speaking markets but plans to use the fresh funding to expand into the Scandinavian markets. The startup employs 30 people and wants to end this year with twice as many.

Image credit: Thomas Kvistholt on Unsplash

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