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TIM Ventures to invest EUR 250,000 in data centre startup

Tuesday 23 December 2014 | 09:43 CET | News
TIM Ventures, Telecom Italia's new seed investment company has joined Principia SGR and Sychar to pledge a total of EUR 250,000 to Eco4Cloud, a startup that offers energy-saving measures for data centres. Using energy-efficient technologies based on an innovative bio-inspired algorithm, Eco4Cloud promises energy, cost and carbon emission reductions of up to 60 percent, as well as improved monitoring and capacity planning. The startup won the 2011 edition of Telecom Italia's Working Capital accelerator programme and was successfully deployed in the company's data centres in Italy in 2013.

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Categories: Fixed
Companies: Telecom Italia / TIM
Countries: Italy
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