Cubbit Secures €12.5M in Series A Funding to Revolutionize Distributed Cloud Technology in Europe

Cubbit, a pioneering European provider of distributed cloud technology, has successfully raised a substantial €12.5 million in funding. The company, in partnership with Gaia-X, offers a revolutionary solution that prioritizes data sovereignty, security, and privacy while minimizing environmental impact. Unlike traditional centralized server farms, Cubbit's innovative approach connects existing Internet resources in homes and businesses to create distributed data centers. This funding round will empower Cubbit to further develop its cutting-edge technology and explore new B2B and B2C applications in the growing field of distributed cloud computing. With impressive global partners and investors such as Barclays, Techstars, and CERN, Cubbit is poised to lead the way in shaping the future of cloud services and ushering in the era of Web 3.0 in Europe.