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Storspeed

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Nordic data center services for AI infrastructure

Austin, United States
Valuation $50–100M Last recorded · 2007
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Storspeed

Storspeed operates and provides consultancy for data center services located in the Nordic Arctic region, focusing on the growing AI market. The company leverages the region's natural advantages, including 100% renewable hydropower, free air cooling, and low energy prices, to offer sustainable and cost-effective solutions. Storspeed is developing multiple data center projects across Norway, Sweden, and Denmark, with significant capacity under construction for 2025 to house AI infrastructure.

The company's services include co-location and cloud services powered by renewable energy. Their facilities are designed with high levels of security, featuring physical barriers, alarms, and access control. Storspeed ensures operational continuity through redundant power and 2N redundant cooling systems, taking advantage of the cold climate to minimize environmental impact. Furthermore, they prioritize the reuse of waste heat. For clients requiring disaster recovery solutions, Storspeed offers redundant IT operations and storage across multiple data center locations. The sites are carrier-neutral, providing connections to several independent telecom providers.

Previously, an Austin-based company named Storspeed Inc., founded in 2007 by Mark Cree and Greg Dahl, developed hardware-accelerated storage caching appliances like the SP5000. This entity, which focused on accelerating NFS and CIFS packet traffic for backend file storage arrays, appears to be defunct. The current Storspeed entity is focused on data center infrastructure in the Nordics.

Source: Dealroom company data

At a glance

Status
Closed
Headquarters
Austin, United States
Employees
3
Open positions
None listed
Dealroom signal
0.0/100

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jun 2007 $13M $52M Vesbridge Partners · Covera Ventures · El Dorado Ventures · Palomar Ventures —
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Growth signals

Storspeed website traffic

Latest recorded traffic for Storspeed is 0 monthly website visits. Storspeed's team grew 0% over the past year.

Latest monthly visits0 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • Vesbridge Partners
  • Covera Ventures
  • El Dorado Ventures
  • Palomar Ventures
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Storspeed on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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