Cubbit is an Italian distributed cloud storage provider. Now, the Bologna-based firm has raised €7M of funding. Amongst the investors is the single .
Cubbit: Distributed cloud service providerThe Italian startup was founded in 2016 by Stefano Onofri, Allesandro Cillario, Marco Moschettini and Lorenzo Posani. Instead of using centralized servers like most other cloud providers, Cubbit relies on distributed data centers that are already available. Thereby, Cubbit guarantees “privacy by design” and reduces CO2 emissions. So far, the company has rolled out its services to more than 3,500 customers in more than 70 countries.Prelz Oltramonti Single Family Office as investorIn total, Cubbit raised €7M. Thereof, €3.5M in equity, €2.4M in convertibles and €1.1M in debt. Amongst the investors are Techstars, Primo Ventures, CDP Venture Capital and the family office of Massimo Prelz Oltramonti. Prelz is well known in the venture capital industry. The Wharton graduate is chairman of DN Capital’s investment comittee since 2001. He was formerly a Managing Director for private equity firm Advent International and Chairman of Jazztel plc.
Source: Picture source: via UnsplashRelevant family office articlesRelevant family office lists Rated 4.00 out of 5 €399,99 including VAT Rated 5.00 out of 5 €899,99 including VAT Rated 4.67 out of 5 €499,99 including VAT Rated 4.67 out of 5 €1.499,99 including VAT
User Comments1. S.
Scott: Comment sample 1...2. William G.: Comment sample 2...3. Matthew
Scott: Comment sample 3...4. Young,
Matthew: Comment sample 4...5. Sophia
Turner: Comment sample 5...Editor's NoteThis article was refined for clarity, structure, and user experience.
(Editors: admin)
Disclaimer & Copyright Notice:
This article is edited and compiled by the editorial team at WealthShield Asia based on publicly available information. It is intended for informational purposes only and does not constitute legal, financial, or investment advice.
We respect intellectual property rights. If you believe that any part of this article infringes upon your copyright or other legal rights, please contact us at
admin@wealthshield.asia. We will promptly review and remove the content if necessary.
All rights reserved. Unauthorized reproduction or redistribution is prohibited.
