Vultr Secures $333 Million in Funding to Revolutionize Cloud Computing Worldwide

Vultr, the world’s largest privately-held independent cloud computing platform, has successfully raised an impressive $333 million to enhance its mission of democratizing access to high-performance cloud infrastructure for businesses worldwide. Founded in 2014, Vultr has led the way in providing cost-effective and user-friendly cloud solutions, boasting a global presence with 32 data center locations across six continents, enabling it to reach up to 90% of the world’s population within a mere 2 to 40 milliseconds. This significant funding will be utilized to further develop its suite of enterprise-ready products, including bare metal services, managed Kubernetes, managed databases, cloud storage, and enhanced networking capabilities. As an NVIDIA Elite Partner, Vultr is positioned to offer even more advanced access to cutting-edge GPU technology, supporting its commitment to delivering robust computing power for demanding workloads. With the newfound capital, Vultr plans to invest in its technology stack, infrastructure expansion, and product enhancements that will empower businesses to build and scale operations effectively and affordably. By simplifying deployment and maintaining predictable pricing, the company continues to provide solutions that are not only powerful but also accessible, enabling organizations to save up to 90% compared to traditional hyperscaler offerings. As Vultr embarks on this exciting new chapter, it remains dedicated to its goal of making enterprise-grade cloud solutions available to all, pushing the boundaries of what’s possible in the cloud computing landscape.