What is CoolIT Systems?
Founded in 2001 and headquartered in Calgary, Canada, with a significant presence in Stamford, Connecticut, CoolIT Systems specializes in the design and manufacture of advanced liquid cooling solutions. The company serves a diverse clientele across the HPC, Cloud, and Enterprise sectors, addressing the escalating thermal challenges inherent in modern, high-density data centers. By replacing traditional air-cooling methods with more efficient liquid-based systems, CoolIT enables organizations to optimize server performance, reduce operational costs, and improve overall energy efficiency. Their market position is defined by a commitment to engineering excellence and a deep understanding of the thermal requirements necessary to support the next generation of computing hardware.
How much funding has CoolIT Systems raised?
CoolIT Systems has raised a total of $10M across 2 funding rounds:
Series A
$3.8M
Series B
$6.2M
Series A (2009): $3.8M with participation from AVAC and Inovia
Series B (2011): $6.2M led by Inovia and Chart Venture Partners
Key Investors in CoolIT Systems
Inovia
A full-stack venture firm that partners with founders to build enduring global technology companies, focusing on human-centric investment strategies.
Chart Venture Partners
A venture capital fund specializing in security-related technologies with both government and commercial applications, leveraging deep industry networks.
AVAC
An organization focused on accelerating the development and delivery of critical solutions through global collaborations and strategic advocacy.
What's next for CoolIT Systems?
With the support of its latest capital injection, CoolIT Systems is well-positioned to accelerate its research and development initiatives, focusing on the next wave of thermal management innovations required for AI-driven workloads and hyperscale data centers. The strategic focus will likely shift toward expanding global distribution channels and deepening partnerships with major server OEMs. As the industry faces mounting pressure to achieve sustainability targets, CoolIT's ability to provide scalable, high-efficiency cooling solutions will be a primary driver of its long-term growth and competitive advantage in the enterprise technology landscape.
See full CoolIT Systems company page
