As with all start-ups, especially for a cloud provider, access to funds is imperative to build and scale quickly – after all building out new data centre regions doesn't come cheap! So in recent months we quietly opened a seed round to acquire $2.8m worth of funding – giving Civo a pre-money valuation of $16,800,000. Since launching into beta nearly 2 years ago, we’ve had tons of VC companies knocking on our door, but at this stage we decided not to take VC money.