Verda raises $189M to scale its AI cloud
Verda (Finland) raises $189M in Series B
Finland-based Verda has closed a $189 million Series B. The company says the funding will expand its cloud platform for AI workloads and improve the experience for existing customers, though specific product or infrastructure plans are not detailed in the announcement.
What $189M in funding unlocks for Verda customers
- herodoturtle
Sincere congrats to the Verda team :-)
Can someone please help me understand what their competitive advantage is, versus the likes of AWS / Azure et al, who are also available in the EU.
I love a good underdog story, but I'm not understanding the economics of it.
- nik736
Verda is great! The only thing bad about Verda is that it's sold out fairly often :-) So the $189M will hopefully help with that.
- ksimukka
If only I was in Helsinki. This would be an interesting time to work in this area.
- welhoilija
Gongratulations to the team! Their solutions not only allow the data to actually stay in the EU, but are otherwise competetive as well!
- paperboy10000
Excellent news for European tech stack - congrats!