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CoolIT Receives Growth Investment to Further Fund Innovation and International Expansion

Mar 04, 2021•over 4 years ago
Calgary

Description

CoolIT Systems, the global leader in scalable direct liquid cooling technology (DLC) for desktops and data centers, has announced the completion of an undisclosed eight figure investment led by BDC Capital (BDCC), the investment arm of BDC, the Bank for Canadian Entrepreneurs, and nVent, a strategic partner and leader in the data center connection and protection space. This news is accompanied by a commercial agreement between CoolIT and nVent which will enable both companies to provide customers with fully integrated advanced cooling technologies for high performance data center environments.

Company Information

Company

Cool It Systems

Location

Calgary, Alberta, Canada

About

CoolIT Systems specializes in scalable liquid cooling solutions for the world’s most demanding high-performance computing environments. In the desktop enthusiast market, CoolIT provides unparalleled performance for a range of gaming systems utilizing its patented split flow technologies. Through its modular, Direct Liquid Cooling technology, Rack DLC™, CoolIT enables dramatic increases in rack densities, component performance and power efficiencies. CoolIT partners with the global IT OEM leaders and Cloud Service Providers to provide the most efficient and reliable liquid cooling solutions. Together, CoolIT and its partners are leading the way for widespread adoption of efficient high-density and high-performance computing. For more information about CoolIT Systems and its technology, visit http://www.coolitsystems.com.

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