EQT-Backed Cloud Firm Evroc Picks Former Google Executive for Expansion Push
- Evroc looking to build 10 data centers across Europe by 2030
- Company picks former Google executive Philip Beevers as CTO
Illustration of evroc's architecturally designed hyperscale data center.
Source: evrocThis article is for subscribers only.
Evroc, a Swedish startup backed by EQT AB, has increased its fundraising goal to €4 billion ($4.2 billion) as part of a plan to build and operate 10 giant data centers in Europe by 2030.
The so-called “hyperscale” centers will be among the first in Europe not tied to or owned by US tech companies such as Amazon.com Inc. and Microsoft Corp. In June, Evroc said it was seeking €3 billion in funding to build eight of the centers.