Cloud Infrastructure Pioneers Invest $19.5 Million in Cloud Computing 2.0 Startup

Cloud Infrastructure Pioneers Invest $19.5 Million in Cloud Computing 2.0 
ProfitBricks Secures Investment to Expand Next-Generation Cloud
CAMBRIDGE, MA -- (Marketwire) -- 03/20/13 --  ProfitBricks, the
infrastructure-as-a-service (IaaS) company that completely
reengineered the delivery of cloud computing, today announced it
received a $19.5 million investment from its founders and United
Internet AG (UTDI.DE), a leading European internet services provider. 
The investment comes as ProfitBricks accelerates the pace of change
in cloud computing. In 2012 the company established its U.S.
headquarters in Cambridge, Mass. and launched its cloud 2.0 offering,
including live vertical scaling and the industry's first Data Center
Design tool. ProfitBricks used InfiniBand based network technology to
bring high performance computing capabilities to the cloud and offer
a better price-performance ratio than the major cloud computing
providers. ProfitBricks also introduced the first true minute-based
billing to the cloud.  
"ProfitBricks is accelerating the definition of true cloud and
offering some of the most advanced infrastructure today," said Ralph
Dommermuth, founder and CEO of United Internet AG. "The founders have
a vision to bring more speed and flexibility to the cloud. This
investment will fuel that growth and provide a simple alternative
that will attract more high-volume computing to the cloud."  
Through this most recent investment, ProfitBricks will further drive
its development of the world's first true virtual datacenter and
power adoption of its cloud infrastructure into new vertical markets.
Founded in 2010, ProfitBricks had previously received $18.8 million
from its founders and United Internet AG.  
"ProfitBricks delivers on the promise of cloud computing that until
its launch wasn't realized," said Achim Weiss, co-founder and CEO of
ProfitBricks. "We spent two years building a cloud offering that is
unmatched in the market. This latest investment represents an
investment not only in ProfitBricks but in the future of cloud."  
"In the six months since we launched our cloud offering ProfitBricks
has experienced tremendous growth," said Bob Rizika, CEO of
ProfitBricks USA. "We're ready to aggressively push for greater 
market adoption and this investment represents the confidence in our
continued success."  
About ProfitBricks
 ProfitBricks -- Cloud Computing 2.0 -- is the
cloud infrastructure-as-a-service (IaaS) company offering more speed
and flexibility than any other cloud provider. Founded in 2010 by the
previous co-founders of 1&1 Internet, ProfitBricks has built the
world's first, true virtual datacenter, enabling users custom defined
instances with live vertical scaling and class-leading double
redundant cloud storage -- all with simple and transparent
minute-based billing. It also developed the first graphical Data
Center Designer that makes the ProfitBricks Cloud Computing service
the easiest to setup and maintain. CRN Magazine recently picked
ProfitBricks as the "Coolest Startup" of 2012. Headquartered in
Berlin, Germany and Boston, Mass., ProfitBricks can be found online
Editorial Contacts
William Toll
ProfitBricks USA
Chuck Tanowitz or Ruth Bazinet
Fresh Ground, Inc.
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