When was Nordcloud founded?

Nordcloud was founded in 2011 and raised its 1st funding round 4 years after it was founded.

Where is Nordcloud located?

Nordcloud is headquartered in Helsinki, Finland. It is registered at 106, Amagerfælledvej, København S, 2300.

How many employees does Nordcloud have?

As of Jul 31, 2026, the latest employee count at Nordcloud is 768.

Is Nordcloud a funded company?

Nordcloud is a funded company, having raised a total of $23.7M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2015.

When was the latest funding round of Nordcloud?

Nordcloud's latest funding was a $***** Series A round on Feb 14, 2019, with participation from 2 investors.

What is the annual revenue of Nordcloud?

Annual revenue of Nordcloud is between $1M and $10M as on Dec 31, 2018

Where does Nordcloud rank among its competitors?

Nordcloud ranks 7th amongst 2584 active competitors, of which 102 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Kingdee, which secured $200M in Dec, 2023.

Who are the top competitors of Nordcloud?

Nordcloud's top competitors include Rackspace, Crayon and Megazone Cloud. Among them, Kingdee secured the most recent funding round in December, 2023.

Nordcloud - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Nordcloud is a provider of cloud advisory, automation, strategy, and management services. Services include cloud strategy formulation, cloud automation, managed cloud services, cloud capacity , and cloud training services. AWS premier consulting partner and partnerships with Microsoft and Google. Lindorff, Zen Robotics, Aller, and F- Secure are among the customers.

Website: nordcloud.com
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Registered Address: 106, Amagerfælledvej, København S, 2300

Key Metrics

Founded Year

2011

Location

Helsinki, Finland

Stage

Acquired

Total Funding

$23.7M in 4 rounds

Latest Funding Round

Series A, Feb 14, 2019, $*****

Investors

Finnvera & 4 more

Ranked

7^th among 2584 active competitors

Annual Revenue

$1M - $10M as on Dec 31, 2018

Employee Count

768 as on Jul 31, 2026

Similar Companies

Rackspace & 3252 more

Exit Details

Acquired by IBM (Dec 21, 2020)

View Nordcloud's full profile

Nordcloud is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NORDCLOUD ApS CIN: 35648909 , Denmark, Active	Jan 09, 2014	$1M - $10M (As on Dec 31, 2018)	-
NORDCLOUD LIMITED CIN: 9158610 , United Kingdom, Active	Jul 31, 2014	£10M - £50M (As on Dec 31, 2021)	40 (As on Dec 31, 2021)

Nordcloud got acquired by IBM on Dec 21, 2020.

Click here to take a look at Nordcloud's acquisition in detail

Nordcloud has raised a total funding of $23.7M over 4 rounds. Its first funding round was on 2015. Its latest funding round was a Series A round on Feb 14, 2019 for $*****. 2 investors participated in its latest round. Nordcloud has 5 institutional investors.

Here is the list of recent funding rounds of Nordcloud:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 14, 2019	1431191	Series A	3117761	6228377	9647383	6093927
Jun 16, 2016	3537320	Conventional Debt	1168726	1631632	5889595	LahiTapiola
Apr 2016	7156337	Conventional Debt	8935627	8282807	3470541	8073860

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View details of Nordcloud's funding rounds and investors

The founders of Nordcloud are Fernando Herrera and Esa Kinnunen.

Here are the details of Nordcloud's key team members:

Fernando Herrera: Founder & Chairman of Nordcloud and founder of 1 other company. They are also an angel investor in 2 startups.
Contact Info: 1 email address
Esa Kinnunen: Co-Founder of Nordcloud.

View details of Nordcloud's Founder profiles and Board Members

Nordcloud's employee count trend

Nordcloud has 768 employees as of Jul 26. Here is Nordcloud's employee count trend over the years:

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Top competitors of Nordcloud include Rackspace, Crayon and Megazone Cloud. Here is the list of Top 10 competitors of Nordcloud, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Rackspace 1998, San Antonio (United States), Public	Provider of multicloud solutions, AI, data, and cybersecurity and resilience	$17.8M	Red Hat, RocketSpace & 12 others	73/100
2nd	Crayon 2002, Oslo (Norway), Acquired	Provider of software asset management, volume licensing, and cloud migration services	$12M	Pratithi Investments, Softline & 6 others	67/100
3rd	Megazone Cloud 2018, Seoul (South Korea), Series C	Provider of cloud computing services	$515M	JKL Partners, Korean Development Bank & 18 others	63/100
4th	Mission 2001, Los Angeles (United States), Acquired	AWS cloud and AI services provider, optimizing cloud investments	$107M	Great Hill Partners, SVB Equity Capital	63/100
5th	Kingdee 1993, Shenzhen (China), Public	Enterprise Information System provider	$2.42M	Qatar Investment Authority, Herald Investment Management ... & 7 others	62/100
6th	Tetrate 2017, San Francisco (United States), Series B	Provides cloud services	$52.5M	Sapphire Ventures, Scale Venture Partners ... & 15 others	61/100
7th	Nordcloud 2011, Helsinki (Finland), Acquired	Cloud advisory, automation, and management services	$23.7M	Trind VC, OP Corporate Bank & 3 others	60/100
8th	Netgain 2000, Saint Cloud (United States), Acquired	IT service provider	$50M	Bluff Point Associates	56/100
9th	RapidScale 2008, Irvine (United States), Acquired	Offers managed cloud and customized cloud solutions.	$750K	-	56/100
10th	CoSo Cloud 2007, San Francisco (United States), Acquired	Cloud-based virtual classroom platform for enterprises	$13M	Frontier Capital, Seabury Venture Partners	56/100