HyperGrid Closes a $15 Million Round of Funding

HyperGrid announced the successful completion of a $15 million funding round led by Acero Capital, Atlantic Bridge Capital, and other investors.

HyperGrid is an enterprise cloud-as-a-service provider delivering an advanced multi-cloud platform that intelligently deploys and manages applications across any combination of data centers, public or private clouds with automated cost optimization. The company’s product, HyperCloud™, combines application management, intelligent cloud management, and SDI in a software-defined approach to the cloud, allowing IT teams to centralize control, governance, and optimization of cloud resources enterprise-wide while delivering simplicity, cost savings, and deployment speed.