As Liquid Cooling Gets Hot, CoolIT Systems Secures Round of Funding

Last week, Canadian liquid cooling vendor CoolIT Systems announced that the company has partnered with Vistara Capital Partners as the company expands production capacity to service new and existing global data center customers. "With our order backlog expanding by 400% in the last year, access to additional capital is critical for continued success," said CoolIT Systems CFO, Peter Calverley. "With the creative financing package provided by Vistara the financial foundation is in place for 2019 to be another year of significant growth in data center liquid cooling sales for CoolIT."

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