Cubbit, an innovative force in geo-distributed cloud storage solutions, has successfully raised $12.5 million in its latest funding round, co-led by prominent investors LocalGlobe and ETF Partners. This funding marks a significant milestone for the Italian company as it advances its mission to redefine data management across global industries.
In a data-driven era where the volume of data continues to surge exponentially, Cubbit addresses critical challenges by empowering organizations to swiftly establish their own geo-distributed S3 cloud storage. This cutting-edge capability integrates seamlessly into diverse infrastructures, from hybrid cloud setups to edge computing environments. Cubbit’s DS3 Composer, a culmination of proprietary data orchestration, deep tech data fragmentation, and geo-distribution technologies, ensures unparalleled data resilience and sovereignty. The company’s motto, “Your Cloud. Your Rules. Anywhere,” underscores its commitment to empowering businesses with flexible and secure data solutions.
Stefano Onofri, Co-CEO and Co-founder of Cubbit, expressed optimism about the company’s trajectory: “Securing support from leading international investors validates our vision to pioneer geo-distributed technology. With established partnerships with industry giants like Leonardo and HPE, this funding accelerates our expansion into new markets and reinforces our position as a leader in cloud storage innovation.”
Editorial Opinion:
Cubbit’s strategic focus on geo-distributed cloud storage represents a crucial advancement in data management, particularly amid escalating concerns over data sovereignty, cybersecurity, and environmental sustainability. By enabling organizations to maintain control over their data while optimizing storage efficiency, Cubbit not only addresses current industry challenges but also anticipates future needs in a rapidly evolving digital landscape. The company’s commitment to reducing carbon footprint through innovative storage solutions aligns with global efforts towards sustainability, positioning Cubbit as a pioneer in environmentally conscious tech solutions.
With the backing of top-tier investors and a robust ecosystem of strategic partnerships, Cubbit is well-positioned to expand its footprint across Europe and beyond. By leveraging this funding to enhance product capabilities and penetrate new verticals such as aerospace, defense, healthcare, and cybersecurity, Cubbit aims to drive innovation and resilience in digital infrastructure worldwide.
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