What is Console Connect?
Console Connect operates as a software-defined interconnection provider, delivering a robust and scalable connectivity solution for data centers, partners, clouds, and applications. The company's platform facilitates direct connections to major cloud providers like Google Cloud, AWS, and Microsoft Azure, alongside various SaaS providers. Leveraging its global network infrastructure, Console Connect offers services such as Layer 2 and Layer 3 connections, Internet On-Demand, and managed network services, empowering businesses to optimize connectivity for mission-critical applications and IoT devices. The company's focus on high-performance, secure interconnectivity positions it as a key player in the digital infrastructure landscape.
How much funding has Console Connect raised?
Console Connect has raised a total of $58.7M across 5 funding rounds:
Other Financing Round
$2.1M
Grant
$225K
Series A
$10.4M
Debt
$20M
Series B
$26M
Other Financing Round (2012): $2.1M with participation from DOT Capital and Niagara Angel Network
Grant (2013): $225K led by Federal Economic Development Agency for Southern Ontario
Series A (2014): $10.4M supported by New Enterprise Associates
Debt (2015): $20M featuring Triple Point Capital
Series B (2015): $26M backed by New Enterprise Associates and AME Cloud Ventures
Key Investors in Console Connect
New Enterprise Associates
New Enterprise Associates (NEA) is a prominent venture capital firm established in 1977, known for its focus on helping entrepreneurs build successful businesses across various stages of growth.
AME Cloud Ventures
AME Cloud Ventures, led by Yahoo! co-founder Jerry Yang, is a venture fund that invests in companies building infrastructure and value chains around data, from infrastructure to applications.
Triple Point Capital
Triple Point Capital is a global provider of financing for technology, life sciences, and other high-growth companies, specializing in venture growth stage financing.
What's next for Console Connect?
The substantial enterprise-level funding and recent strategic investment indicate Console Connect is poised for significant expansion and further innovation in its service offerings. This capital infusion will likely fuel advancements in its software-defined networking capabilities, enhance its global network reach, and potentially support strategic partnerships or acquisitions. The company's trajectory suggests a continued focus on enabling secure, high-performance connectivity for enterprises navigating complex cloud environments and the growing demands of digital transformation.
See full Console Connect company page
