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Keppel T&T invests US$10 mil in data centre startup Nautilus

Tech

Keppel T&T invests US$10 mil in data centre startup Nautilus

Stanislaus Jude Chan Published on Fri, Sep 15, 2017 / 7:28 AM GMT+8

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SINGAPORE (Sept 15): Keppel Telecommunications & Transportation (Keppel T&T) has invested US$10 million ($13.5 million) in data centre startup Nautilus Data Technologies Inc’s Series C preferred stock funding.

The investment was through Keppel T&T’s wholly-owned subsidiary, Keppel Data Centres.

California-based Nautilus employs patented water-cooling technology in pre-fabricated facilities, which are more cost efficient and environmentally sustainable than traditional structures. In addition, it can be rapidly deployed across the globe.

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