DT Cloud Receives USD 1.85 Million Funding from Omurga Digital to Advance in the Cloud Industry

DT Cloud, a local cloud platform provider, has secured an investment of 63 million TL (~USD 1.85 million) from Omurga Digital, bringing the company's total investment to 63.17 million TL with a valuation of 842.83 million TL (~USD 24.7 million). The Turkey-based company plans to use this new funding to strengthen its presence in the global market.

DT Cloud, a subsidiary of Digital Transformation Group established in 2018, offers a wide range of cloud technology products, services, and solutions. The platform aims to provide users with ease of use and a variety of services comparable to global cloud providers, while fully complying with local regulations. DT Cloud's offerings span across artificial intelligence, machine learning, blockchain, Internet of Things, DevOps, security, networking, storage, databases, and data analytics.

With this latest investment, DT Cloud aims to become the largest local cloud service provider in the region. The company's investors include notable figures such as Alper Akcan, Aydonat Atasever, and Nevzat Aydın, as well as institutions like IGSAŞ and Vucos Technology.

Tolga Dinçer, CEO of Digital Transformation Group, highlighted DT Cloud's role as a key driver of digital transformation, offering services on par with global cloud providers. Dinçer emphasized their focus on developing local software solutions with nearly two decades of experience, including services in AI, big data processing, and blockchain.

Source: Candeger Muradoglu / Webrazzi