Luxembourg: Gcore raises $60m in new funding round

Gcore, an Edge artificial intelligence (AI) and cloud provider, has secured $60m in a Series A funding round led by game developer and publisher Wargaming, with participation from Constructor Capital and Han River Partners. 
 

“We are on the cusp of an AI revolution that will transform how companies operate,” said Andre Reitenbach, CEO of Gcore. “Gcore is perfectly positioned to connect the world to AI, anywhere and anytime, by delivering innovative AI, cloud, and Edge solutions. The growing demand for AI infrastructure from enterprises and SMBs alike highlights the importance of this significant investment. We are thrilled by the support of investors like Wargaming, Constructor Capital, and Han River Partners as we enhance our extensive network of AI servers and reinforce the powerful Edge services we offer.”

Sean Lee, chief corporate development officer of Wargaming, added: "Gcore has been our partner for over 10 years, helping us deliver games to hundreds of millions of players worldwide. We are excited to support the company on this journey and look forward to helping them become uniquely positioned to lead high-speed AI model training and inference anywhere in the world."