GridScale - About the company
GridScale is an acquired company based in Germany, founded in 2014 by Marc Dittmann and Henrik Hasenkamp. It operates as a Provider of cloud infrastructure solutions, including compute, storage, and managed services. GridScale has raised $7.89M in funding from investors like Endeit Capital, HTGF and EnBW New Ventures. The company has 364 active competitors, including 37 funded and 58 that have exited. Its top competitors include companies like Oracle, Dell and IBM.
Company Details
Provider of cloud infrastructure solutions, including compute, storage, and managed services. The company delivers private, hybrid, and public cloud environments. It offers tools for account management, administration, and automation. The platform provides compute, object storage, managed Kubernetes, managed databases, and load balancing. It also features GPU instances.
- Website
- gridscale.io
- Email ID
- *****@gridscale.io
- Registered Address
- Oskar-Jäger-Strasse 173 50825 Cologne
Key Metrics
Founded Year
2014
Location
Stage
Acquired
Total Funding
$7.89M in 2 rounds
Latest Funding Round
Investors
Ranked
38th among 364 active competitors
Employee Count
57 as on Jun 30, 2026
Exit Details
Acquired by OVHcloud (Sep 04, 2023)
Legal entities associated with GridScale
GridScale is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
gridscale GmbH CIN: HRB97235 , Germany, Active | Feb 17, 2019 | - | 57 (As on Dec 31, 2020) | |
gridscale GmbH CIN: R3306_HRB97235 , Germany, Deadpooled | Sep 10, 2014 | - | - |
GridScale's acquisition details
GridScale got acquired by OVHcloud on Sep 04, 2023.
Click here to take a look at GridScale's acquisition in detail
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GridScale's funding and investors
GridScale has raised a total funding of $7.89M over 2 rounds. Its first funding round was on Aug 23, 2016. Its latest funding round was a Series A round on Mar 13, 2019 for $*****. 4 investors participated in its latest round. GridScale has 6 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of GridScale:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 13, 2019 | 5163095 | Series A | 6340056 | 3465123 | 9093665 | 4191359 |
Aug 23, 2016 | 2409417 | Seed | 5000913 | 6450401 | 4152562 |
View details of GridScale's funding rounds and investors
GridScale's founders and board of directors
Founder? Claim ProfileThe founders of GridScale are Marc Dittmann and Henrik Hasenkamp.
Here are the details of GridScale's key team members:
- Marc Dittmann: Co-Founder of GridScale. Contact Info: 1 email address
- Henrik Hasenkamp: Co-Founder of GridScale.
View details of GridScale's Founder profiles and Board Members
GridScale's employee count trend
GridScale has 57 employees as of Jun 26. Here is GridScale's employee count trend over the years:
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GridScale's Competitors and alternates
Top competitors of GridScale include Oracle, Dell and IBM. Here is the list of Top 10 competitors of GridScale, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Oracle 1977, Austin (United States), Public | Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management | - | 83/100 | |
2nd | Dell 1984, Round Rock (United States), Public | Provider of enterprise servers and cloud solutions | - | 81/100 | |
3rd | IBM 1911, Armonk (United States), Public | Provider of hybrid cloud, artificial intelligence, and IT consulting services | - | 81/100 | |
4th | DigitalOcean 2011, New York City (United States), Public | Provider of cloud infrastructure, virtual machines, and managed database hosting | $174M | 80/100 | |
5th | Render 2018, San Francisco (United States), Series C | Unified cloud platform for building, deploying, and managing scalable web applications | $258M | 79/100 | |
6th | OVHcloud 1999, Reston (United States), Public | Provider of bare metal servers, virtual private servers, and cloud solutions | $279M | 79/100 | |
7th | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 78/100 | |
8th | Kingsoft Cloud 2012, Haidian (China), Public | Provider of cloud computing infrastructure, data storage, and AI solutions | $768M | 77/100 | |
9th | CoreWeave 2017, Livingston (United States), Public | Provider of cloud computing services for artificial intelligence workloads | $2.38B | 75/100 | |
10th | Alibaba Cloud 2009, Hangzhou (China), Unfunded | Hybrid cloud and business intelligence platform for enterprises | - | - | 70/100 |
38th | Provider of cloud infrastructure solutions, including compute, storage, and managed services | $7.89M | 49/100 |
Looking for more details on GridScale's competitors? Click here to see the top ones
GridScale's Investments and acquisitions
GridScale has made no investments or acquisitions yet.
Reports related to GridScale
Here is the latest report on GridScale's geography:
News related to GridScale
•
OVHcloud announces that it has completed the acquisition of gridscaleMoneyController•Sep 07, 2023•GridScale, OVHcloud
•
OVHcloud’s Acquisition of GridscaleGlobal Legal Chronicle•Aug 21, 2023•Osborne Clarke, OVHcloud, GridScale
•
OVHcloud announces the acquisition of the edge computing specialist gridscaleHTGF•Aug 04, 2023•OVHcloud, HTGF, Endeit Capital, EnBW New Ventures and 3 others
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