CoolIT Receives Growth Investment to Further Fund Innovation and International Expansion
Round Type
Venture
CalgaryManufacturingDescription
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.
Quick answer
CoolIT Systems raised an undisclosed amount in a funding round, dated March 4, 2021. CoolIT Systems is based in Calgary, Alberta, Canada.
- How much did CoolIT Systems raise?
- CoolIT Systems raised an undisclosed amount in a funding round on March 4, 2021.
- What does CoolIT Systems do?
- CoolIT Systems specializes in scalable liquid cooling solutions for the world's most demanding computing environments.
- Where is CoolIT Systems based and how big is it?
- CoolIT Systems is based in Calgary, Alberta, Canada. Fundz records about 292 employees.
- Who are the decision-makers at CoolIT Systems?
- Fundz holds 5 contacts at CoolIT Systems, including the Public Relations Representative. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as CoolIT Systems that raised within 45 days of this round, from Fundz verified event records.
- Shell Rock Soy Processing raised an undisclosed amount on April 16, 2021.
- Liquidia raised $22M on April 16, 2021.
- Polestar raised an undisclosed amount (Funding Round) on April 15, 2021.
- Custom Truck One Source raised $883M on April 15, 2021.
- Hawk Eye 360 raised $40M on April 15, 2021.
- Astranis raised $250M (Funding Round) on April 14, 2021.
Who to call at CoolIT Systems, and when
A new round usually means CoolIT Systems is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day CoolIT Systems raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CoolIT Systems, from your own LinkedIn network
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Fundz sees it the moment CoolIT Systems raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
CoolIT Systems raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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