Helsinki, Finland-based Aiven, which develops cloud infrastructure, announced that it has raised $40 million in a Series B round of funding led by IVP. Existing investors Earlybird VC and Lifeline Ventures, as well as family offices of Risto Siilasmaa, chairman of Nokia, and Olivier Pomel, founder of Datadog, also participated in the round. The company has now raised $50 million in total funding. As part of the latest round, IVP General Partner Eric Liaw has joined the board.
Source: IVP news release