Diego Cabezudo

  • Current company Gigas
  • Location Spain
  • Selected For: Gigas
  • Industry Enterprise Software & Services

Diego Cabezudo is the cofounder and CEO of Gigas.

Diego earned a degree in Telecommunications and Electronics from University of Navarra in 1996 and then joined Telecable, a new but well-funded telecom operator. After 5 years, Diego moved to Fujitsu Consulting (formerly DMR) as Management Consultant and later joined mobile operator, O2, as Head of Strategy. He was invited into the company’s leadership program, one used to groom CEO potential employees, and was sponsored to attend London Business School’s Executive MBA program. Diego then joined FON Wireless as their COO and helped the company raise $18M from investors including Sequoia and the founders of Google and Skype. In 2009, he became CEO of AGS, a Spain-based multinational technology consulting company. AGS nearly tripled in size under Diego’s leadership, employing 300 people and increasing from $9M in revenue to $22M over just two years.

Throughout his career, Diego consistently struggled to find professional cloud hosting services. The local companies that existed did not have cutting edge technology, while the US providers did not provide enough customer support to gain the trust of SMEs and corporates in Spain. In January 2011, Diego and a coleague from both FON and AGS, put their head together and decided to build the service they had been searching for.

Diego raised $1.2 million in seed capital and launched Gigas with a team of 15 people. The company broke half a million dollars in revenue during its first commercial year and raised a Series A1 and A2 round of $4M which funded its second data center in Miami. To raise a larger round of capital and gain credibility, Gigas went through an IPO on the Mercado Alternativo Bursátil (Spain’s Alternative Stock Exchange) in November 2015. Today the company caters to 3,600 clients from seven offices, five in Latin America and one in Miami, in addition to four data centers.

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