gridscale GmbH, cloud technology provider based in Cologne, is accelerating the further expansion of its business activities and is receiving additional capital from the creditshelf financing platform from Frankfurt.
The Frankfurt SME financier is convinced of the great potential of digital cloud infrastructures and will support gridscale in the future with seven-digit growth financing in the further development of its technology and the sales roll-out in the market.
Cloud computing as a prerequisite for every digital strategy
“German companies in particular have been under pressure for some time, because they should become more agile, flexible and, above all, more digital. The corona pandemic has considerably increased this pressure to act, ”explains Henrik Hasenkamp, CEO and co-founder of gridscale. “With our cloud solutions that can be implemented simply and easily, we can provide particularly quick and effective support and are in a promising position to participate significantly in these developments.”
Data protection as a competitive advantage
gridscale has successfully developed over the past few years as an attractive alternative to the major international public cloud providers. In addition to the range of services and greater customer proximity, German medium-sized companies especially value the security and reliability of working with gridscale. According to the BITKOM Cloud Monitor 2020, GDPR compliance and legal security are the decisive criteria when choosing a cloud service provider today. The current elimination of the EU-US Privacy Shield and the ongoing discussions about questionable data protection among global cloud providers intensify this effect and increasingly direct companies’ attention to established domestic cloud providers such as gridscale.
expansion and business expansion gridscale therefore wants to strategically use the expansive momentum in the market for itself and further promote both business growth and product development with the financing component from creditshelf. In addition to the functional expansion of the public cloud platform, the focus is also on expanding the hybrid core technology. With the new Hybrid Core, gridscale is addressing the rapidly growing hyperconverged infrastructure market for private cloud workloads. In this way, gridscale customers are able to transfer their existing IT to a modern cloud infrastructure and continue to use it in hybrid mixed models.
Trustful and long-term cooperation
“Cloud computing forms the backbone of digitization and is at the center of every future-oriented corporate strategy. The business model as well as the future potential of gridscale therefore convinced us immediately ”, said Dr. Daniel Bartsch, co-founder and board member of creditshelf. “At the same time, as a digital FinTech company, we understand the need to invest quickly and in a targeted manner right now and to quickly expand our position in the market. We look forward to working with a company in such an expansive environment. “
Creditshelf AG is one of the leading platforms for digital SME financing and arranges flexible debt financing for high-growth companies such as gridscale, which is refinanced via its own platform by institutional investors. “At creditshelf, we encounter a keen sense of the market and expertise, combined with fast and completely uncomplicated processing,” adds gridscale CEO Henrik Hasenkamp. “Both fit perfectly with our own self-image as a cloud service provider and thus create the best conditions for a trusting and long-term cooperation.”
The Cologne-based IaaS and PaaS provider gridscale stands for intuitively usable and flexible cloud technologies. The IT infrastructure can also be managed by people without in-depth IT know-how via an easily understandable interface. A Kubernetes environment makes it easy to manage even cloud-native workloads. Thousands of companies, agencies and managed service providers are already relying on gridscale for the implementation and operation of their digital projects — from highly frequented web shops to complex SaaS or enterprise IT solutions. White label options are available to resellers and with the gridscale Hybrid Core software, data center operators themselves become cloud providers. Gridscale is managed with around 100 employees by Henrik Hasenkamp and Felix Kronlage-Dammers.
creditshelf is the leading credit platform for digital SME financing in Germany. The company, founded in 2014 and based in Frankfurt am Main, arranges bank-independent, flexible financing solutions via a constantly growing network. creditshelf combines complementary needs: while medium-sized entrepreneurs can easily find attractive financing alternatives, institutional investors can invest directly in German medium-sized companies and cooperation partners support their clients as innovative providers of new credit solutions. The core of creditshelf’s business model is a unique, data-supported risk analysis as well as unbureaucratic, fast and digital processes. The entire value chain comes from a single source.
creditshelf has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since 2018. The experts of the creditshelf team have many years of experience in medium-sized business financing and are trustworthy partners and visionaries for the entrepreneurship of tomorrow.
gridscale is accelerating the further expansion and receiving additional capital from creditshelf was originally published in FrankfurtValley on Medium, where people are continuing the conversation by highlighting and responding to this story.