Welcome to the Civo update for September 2021. In case you missed the big news... this week we successfully launched our first region in Frankfurt, Germany. Plus we announced our new strategic partner, THG Ingenuity, who invested $2 million into the company. This will allow us to quickly invest in our infrastructure, including more regions across the globe throughout the next 12 months.
We’re happy to announce that our new mainland Europe datacenter region in Frankfurt, Germany is now live and ready for use by all Civo customers. This will sit alongside our existing New York City and London regions, with a location in India planned by the end of this year, and more in 2022.
I’m hugely excited to announce that THG Ingenuity, the technology division of ecommerce giant THG, has invested $2 million to take a minority stake in Civo. We’re proud to be THG Ingenuity’s first strategic investment since it announced earlier this year that Softbank Group had invested $730 million in THG with an option for a further $1.6 billion investment in the THG Ingenuity platform.
