Investors participate in $34m series-B for SoftIron

Its existing customer base includes high-net-worth individuals, institutional investors and private companies.

The fresh capital will go towards expanding the company's footprint in North America, Europe and the Asia-Pacific region. The capital will also be invested in the sales, product marketing and support functions of SoftIron.

Previous funding
In 2017, SoftIron raised $7m from Earth Capital through its Nobel Sustainability Fund initiative.

Company
London-based SoftIron designs and builds data-centre appliances. Founded in 2012, it employs fewer than 50 people, according to LinkedIn.

People
SoftIron – Phil Straw (CEO); Harry Richardson (chief scientist); Mark Chen, Norman Fraser (co-founders).

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• Topics
• Expansion
• UK / Ireland
• Technology
• Venture
• United Kingdom