Italian trailblazer to disrupt cloud storage in ‘key’ UK market

Quick Summary:

An Italian startup looking to hand businesses back sovereignty over their data, infrastructures and costs has revealed its plans for the UK.

UK investors LocalGlobe and ETF Partners co-led a £10 million investment raise into Cubbit, which launched its platform in the UK earlier this year.

Azimut Libera Impresa SGR – Azimut Digitech Fund under the advisory of FNDX, CDP Venture Capital SGR through its Fondo Evoluzione, and Primo Ventures are returning investors.

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Article Details

Author / Journalist: Jonathan Symcox

Category: InvestingBusiness

Markets: United KingdomItaly

Topics: “the Ventures Time Storage Cubbit Solution Looking Investors Cloud Data

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 05:53:16 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 480 words

Reading Time: 3 minutes read

Sentences: 11 lines

Sentence Length: 44 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 21682283

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About BusinessCloud

Main Topics: InvestingBusiness

Official Website: businesscloud.co.uk

Update Frequency: 5 posts per day

Year Established: 2016

Headquarters: United Kingdom

News Last Updated: 12 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

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Publisher ID: #61

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