(The Hosting News) – IaaS provider ProfitBricks announced on Wednesday the receipt of a $19.5 million investment from United Internet AG along with its founders.
United Internet AG is an ISP in Europe. In a press release, ProfitBricks CEO Achim Weiss said his company “delivers on the promise of cloud computing that until its launch wasn’t realized.”
He continued, “We spent two years building a cloud offering that is unmatched in the market. This latest investment represents an investment not only in ProfitBricks but in the future of cloud.”
The investment follows an announcement by ProfitBricks in January in which the provider launched a cloud referral program.