What is Console Connect?
Console Connect operates as a pivotal player in the digital infrastructure space, offering a robust connectivity platform that enables businesses to establish direct links to major cloud providers like Google Cloud, AWS, and Microsoft Azure, alongside various SaaS applications. The company's service portfolio encompasses Layer 2 and Layer 3 connections, Internet On-Demand, and managed network services, all designed to deliver high-performance networking for enterprise buildings and IoT devices. By leveraging its extensive global network, Console Connect empowers organizations to optimize connectivity for mission-critical operations, ensuring efficient and secure data exchange.
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 Niagara Angel Network and DOT Capital
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 empowering entrepreneurs to build market-leading businesses across various technology sectors.
Triple Point Capital
Triple Point Capital is a leading global provider of financing for technology and high-growth companies, specializing in venture growth stage investments and offering comprehensive financing solutions.
AME Cloud Ventures
AME Cloud Ventures, led by Yahoo! co-founder Jerry Yang, invests in companies building infrastructure and value chains around data, focusing on technology-heavy ventures across the data stack.
What's next for Console Connect?
The substantial enterprise-level capital infusion, highlighted by the recent strategic investment, positions Console Connect for accelerated growth and market penetration. This backing is likely to support the expansion of its network infrastructure, the development of new service offerings, and the strengthening of its global presence. As businesses increasingly rely on cloud-native architectures and hybrid multi-cloud strategies, Console Connect's role in providing seamless and secure interconnection becomes ever more critical. The company is poised to capitalize on the growing demand for agile and reliable network solutions, further solidifying its position as a key enabler of digital transformation.
See full Console Connect company page
