Verne Global raises $27m funding to expand its data center campus

– ICELAND, Reykjanesbaer – Verne Global, a provider of advanced data center solutions for high-performance computing, today announced a new round of funding of $27M to expand its Icelandic data center campus with all current investors participating: the Wellcome Trust, Novator Partners, Stefnir and General Catalyst.

The funding expands the enterprise capacity of Verne Global’s high-performance computing solutions. Customers across financial services, engineering, scientific research and other industries are turning to Verne Global for their power intensive HPC workloads and extreme algorithmic AI compute needs.

“We are excited about this expansion as it is driven by strong demand from both existing and potential customers for high-performance computing solutions. Our customers grow their compute requirements with us because they are able to operate more effectively with us than anywhere else.” said Dominic Ward, CEO. “In addition, the HPC expertise we’ve been able to cultivate allows us to provide an exceptional level of customer service for the unique characteristics and requirements of HPC projects.”

About Verne Global

Verne Global delivers true high-performance computing solutions in an optimized environment, built upon renewable resources. Our expert team provides full life-cycle support to enable maximum performance and flexibility for customer workloads, whilst offering significant cost savings. Founded in 2012, our Icelandic data center campus hosts HPC applications pushing the boundaries of research across a range of industries, including financial services, earth sciences, life sciences, engineering, scientific research and AI.

For more information: https://verneglobal.com

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