LiquidStack Announces M Series B Extension

CARROLLTON, TX, LiquidStack, a global leader in liquid cooling for data centers, today announced that it has secured a $20 million Series B extension investment.

LiquidStack today announced that it has secured a $20 million Series B extension investment from leading investment firm Tiger Global, bringing LiquidStack’s total Series B funding round to $35 million. The full service liquid cooling provider will use the funds to expand its manufacturing footprint, scale its direct-to-chip and immersion cooling product family roadmaps, and broaden its commercial and R&D operations.

LiquidStack™ is the respected leader in liquid cooling for information technology hardware, telecommunications, and blockchain systems. Having pioneered the world’s highest density, most efficient, and sustainable liquid cooling solution in 2012, our advanced liquid cooling solutions continue to serve as the backbone for highly scalable and environmentally safe hyperscale, colocation, enterprise, edge, and blockchain data centers. LiquidStack’s universal direct-to-chip CDUs, DataTank™, EdgeTank™, CryptoTank™, MicroModular™ and MacroModular™ systems and services are enabling real-time advancement of computing and communications while supporting a sustainable planet.

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By VC News Daily

Source: VC News Daily