Nordcloud Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 900

Employees

  • Latest Deal Type
  • M&A

Nordcloud General Information

Description

Developer of enterprise software intended to help organizations leverage the public cloud in a way that balances quick wins, immediate savings and sustainable value. The company offers cloud implementation, application development, managed services and training services and helps enterprises gain the maximum benefits of the cloud including security, agility, scalability and overall cost-savings, thereby enabling clients to receive information technology operating and government facilities through enterprise-level cloud services.

Contact Information

Website
www.nordcloud.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Pohjoisesplanadi 37A
  • 00100 Helsinki
  • Finland
+358 040
Primary Industry
IT Consulting and Outsourcing
Other Industries
Systems and Information Management
Business/Productivity Software
Parent Company
International Business Machines
Vertical(s)
SaaS, TMT
Corporate Office
  • Pohjoisesplanadi 37A
  • 00100 Helsinki
  • Finland
+358 040

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Nordcloud Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 01-Jan-2021 Completed Generating Revenue
5. Secondary Transaction - Private Completed Generating Revenue
4. Later Stage VC 07-Feb-2019 Completed Generating Revenue
3. Debt - General 16-Jun-2016 Completed Generating Revenue
2. Early Stage VC 29-Sep-2014 $1.29M $1.29M Completed Generating Revenue
1. Accelerator/Incubator Completed Startup
To view Nordcloud’s complete valuation and funding history, request access »

Nordcloud Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of enterprise software intended to help organizations leverage the public cloud in a way that balances quick w
IT Consulting and Outsourcing
Helsinki, Finland
900 As of 2022

Marlborough, MA
 

Cheyenne, WY
 
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Nordcloud Competitors (75)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Egenera Formerly VC-backed Marlborough, MA
Lunavi Venture Capital-Backed Cheyenne, WY
AllCloud Venture Capital-Backed Berlin, Germany
Platform9 Venture Capital-Backed San Jose, CA
D2iQ Formerly VC-backed San Francisco, CA
You’re viewing 5 of 75 competitors. Get the full list »

Nordcloud Executive Team (10)

Name Title Board Seat
Tuomas Toropainen Chief Financial Officer, Deputy Chief Executive Officer & Board Member
Jan Kritz Chief Executive Officer
Ilja Summala Chief Technology Officer
Ram Kumar Chief People Officer
Eero Laivonen Director, Finance
You’re viewing 5 of 10 executive team members. Get the full list »

Nordcloud Board Members (2)

Name Representing Role Since
Juha Putkiranta Self Board Member
You’re viewing 1 of 2 board members. Get the full list »

Nordcloud Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Nordcloud Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds
EIT Digital Accelerator/Incubator Minority
Finnvera Lender/Debt Provider Minority
OP Financial Group Corporation Minority
Trind Ventures Venture Capital Minority
To view Nordcloud’s complete investors history, request access »

Nordcloud Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
SC5 23-May-2017 Multimedia and Design Software
To view Nordcloud’s complete acquisitions history, request access »

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Nordcloud Subsidiaries (1)

Company Name Industry Location Founded
Nordcloud Deutschland Systems and Information Management Munich, Germany
To view Nordcloud’s complete subsidiaries history, request access »

Nordcloud FAQs

  • When was Nordcloud founded?

    Nordcloud was founded in 2011.

  • Who is the founder of Nordcloud?

    Fernando Herrera is the founder of Nordcloud.

  • Who is the CEO of Nordcloud?

    Tuomas Toropainen and Jan Kritz are the CEOs of Nordcloud.

  • Where is Nordcloud headquartered?

    Nordcloud is headquartered in Helsinki, Finland.

  • What is the size of Nordcloud?

    Nordcloud has 900 total employees.

  • What industry is Nordcloud in?

    Nordcloud’s primary industry is IT Consulting and Outsourcing.

  • Is Nordcloud a private or public company?

    Nordcloud is a Private company.

  • What is Nordcloud’s current revenue?

    The current revenue for Nordcloud is .

  • How much funding has Nordcloud raised over time?

    Nordcloud has raised $26.9M.

  • Who are Nordcloud’s investors?

    EIT Digital, Finnvera, OP Financial Group, and Trind Ventures have invested in Nordcloud.

  • Who are Nordcloud’s competitors?

    Egenera, Lunavi, AllCloud, Platform9, and D2iQ are some of the 75 competitors of Nordcloud.

  • When was Nordcloud acquired?

    Nordcloud was acquired on 01-Jan-2021.

  • Who acquired Nordcloud?

    Nordcloud was acquired by International Business Machines.

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