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Reading: AUCloud $8.5M Net Investment to Propel Cloud Operations
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Digital Trust > Cybersecurity > Cloud security > AUCloud $8.5M Net Investment to Propel Cloud Operations
Cloud security

AUCloud $8.5M Net Investment to Propel Cloud Operations

Josh Hatton
Last updated: July 4, 2023 9:05 am
Josh Hatton 2 years ago
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In a resolute move to fortify Australia’s cybersecurity landscapes, AUCloud the preeminent sovereign cloud infrastructure-as-a-service (IaaS) provider, has announced an impressive net investment of $8.5 million. This strategic infusion aims to bolster cybersecurity capabilities while strengthening cloud operations, positioning AUCloud as an undisputed leader in the industry. Heralding a new era of cloud security that blends cutting-edge technology. 

AUCloud: Cloud Excellence

AUCloud is an indigenous Australian-owned and operated cloud infrastructure provider catering exclusively to the Australian government and critical national infrastructure sectors. Pioneering the concept of a sovereign cloud and adhering to the strictest regulations and ensuring robust data protection.

At its core, AUCloud is committed to delivering secure, reliable and scalable cloud infrastructure solutions that safeguard sensitive data. All the while, facilitating seamless accessibility within Australia. Trusted by government agencies, healthcare organisations and other essential service providers, AUCloud’s unwavering commitment to data sovereignty and security sets it apart from traditional cloud providers. 

Investment Amplifying Cybersecurity Defences

In many ways,s the $8.5 million investment signifies a transformational leap forward in AUCloud cybersecurity capabilities. At the start of the year, the company dedicated resources to developing accredited sovereign cloud and cyber security capabilities. Furthermore, the company pushed towards establishing sovereign zones in Melbourne, Sydney, Canberra and Brisbane. Additionally, this exciting funding is poised to expand the enterprise’s marketing and sale initiatives.

“The team at AUCloud appreciates the ongoing shareholder confidence in our business and support of our strategy to accelerate the growth of our sovereign cloud and cyber security businesses”. Peter Maloney, AUCloud CEO. 

Cloud Security: A Paradigm Shift 

AUCloud’s investment marks a significant turning point in the future of cloud security. As cyber threats evolve in sophistication and prevalence, organisations are compelled to prioritise the safeguarding of sensitive data, ensuring its availability and integrity. Such investments will undoubtedly have a transformative impact on the broader security landscape. 

Enjoyed this article? Let us know your thoughts on cloud security in the comments! 

Source: AUCloud Completes $8.5M Capital Rise

For more news on cloud security, check how Deepwatch and LaceWork are securing the cloud 

 

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