
Hypergrid
Intelligent Cloud Management Platform that enables organizations to efficiently plan, migrate, optimize, manage, secure and scale their cloud operations.
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investor investor | €0.0 | round | |
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investor investor investor investor | €0.0 | round | |
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N/A | Merger | ||
Total Funding | 000k |








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Hypergrid, initially founded as GridStore in 2009 by individuals including Manoj Nair, Kelly Murphy, Antoni Sawicki, and Tomasz Nowak, evolved into a significant player in the cloud management space before its eventual merger. The company's journey began with a focus on hyper-converged infrastructure (HCI) using the Hyper-V hypervisor. A pivotal moment occurred in 2016 when GridStore acquired DCHQ, rebranded to Hypergrid, and shifted its strategy towards providing a hybrid cloud management platform as a service. This transition was supported by substantial venture capital, with the company raising a total of $93 million over six funding rounds from investors like Atlantic Bridge, Acero Capital, and HighBar Partners.
The firm operated in the enterprise cloud management market, targeting enterprises and managed service providers (MSPs). Its business model pivoted from selling hardware to a consumption-based, pay-as-you-go pricing model for its software platform, which provided a more predictable revenue stream. The core of its offering was the HyperCloud platform, an intelligent cloud management solution designed to manage workloads across various on-premises, private, and public cloud environments from a single interface. HyperCloud offered a suite of services including cloud migration planning, cost management and optimization, security and compliance automation, and application lifecycle management. Key features included predictive analytics, a unified dashboard for monitoring infrastructure, and support for technologies like AWS Lambda and Microsoft Azure Reserved Instances. The platform's unique selling point was its all-flash architecture that enabled more efficient scaling compared to competitors.
In 2020, in a strategic move to create a more comprehensive cloud governance solution, HyperGrid merged with iQuate, an Irish company specializing in agentless discovery and application mapping. This merger resulted in the formation of a new entity, CloudSphere. CloudSphere leverages the combined technologies to offer a platform that provides an application-centric view for managing cloud migration, security, compliance, and costs across multiple cloud environments, serving a global customer base in sectors like finance, healthcare, and telecommunications.
Keywords: cloud management platform, hybrid cloud, multi-cloud governance, hyper-converged infrastructure, HCI, cloud cost optimization, application discovery, cloud migration planning, IT asset management, infrastructure as a service, enterprise cloud, managed service providers, DCHQ, GridStore, CloudSphere, cloud security posture management, data center management, IT automation, cloud analytics, Nariman Teymourian, Manoj Nair
Investments by Hypergrid
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