Tet Cloud

What Tet Cloud does

Tet Cloud is the cloud, colocation, and managed infrastructure arm of Tet Ltd. (formerly SIA Lattelecom), a Latvian IT and telecommunications group headquartered in Riga. The business operates 6 proprietary data centers in Riga (Dattum, Brīvības, Kleistu, Pērses, Atlasa, and DC 6) totaling 400 racks, supplemented by partner capacity in Frankfurt, Helsinki, Vilnius, and Warsaw, plus Copenhagen capacity acquired via the 2019 Telia Latvija merger. The portfolio is anchored by TIER III Design and TIER III Facility certifications (Uptime Institute), PCI DSS Level 1 (Dattum DC), and ISO 27001/ISO 9001 compliance, with 99.982% SLAs and Dattum DC maintaining 100% uptime since 2013.

The product set spans colocation, dedicated hardware rental (sourced from DELL-EMC, Lenovo, HPE, IBM, Huawei, Cisco, Juniper, Mikrotik), Tet Cloud IaaS (VMware-based virtual servers with pay-as-you-go pricing starting at €28.80/month and a 30-day free trial), Backup-as-a-Service (IBM Spectrum Protect, 1,000+ data formats), Disaster Recovery-as-a-Service (VMware SRM + Veeam across geographically distributed EU DCs), software licensing (Microsoft, VMware, SAP, Citrix, etc.), and a 24/7 Security Operations Center with DDoS mitigation. The platform is built primarily on VMware virtualization, IBM Spectrum Protect, and Veeam stacks, supported by a 12,000+ km Latvian fiber network.

Tet Cloud serves enterprise, government, and critical-infrastructure customers (notably Latvian public institutions and PCI-regulated financial clients), telecom operators via the Pērses carrier-neutral exchange, Ukrainian enterprises where it ranks among the top three cloud providers alongside Microsoft Azure and Amazon, and SMBs via a self-service portal. The company employs a hybrid go-to-market combining direct enterprise sales ([email protected], 48-hour response SLA) with product-led growth through vcd.tetcloud.com. Tet holds approximately 30% of the Latvian data center market, exports more than 75% of its DC services, invests roughly €20 million annually in infrastructure, and targets 15% annual DC-business revenue growth.

Name

Tet Cloud

Legal name

Tet Ltd.

Website

https://tetcloud.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

101–250 employees

Short description

Tet Cloud is the cloud, colocation, and managed infrastructure arm of Latvian telecom Tet Ltd., operating six TIER III-certified data centers in Riga plus partner capacity across the EU, serving enterprise, government, financial-services, telecom, and SMB customers across the Baltics and export markets including Ukraine.

Ownership category

akta.pro rank

Product category

Cloud Infrastructure and Data Center Services

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computer Facilities Management Services (541513), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374), Services-Computer Rental & Leasing (7377)

akta.pro primary industry

General-Purpose Compute (VMs & Bare Metal IaaS) (HDABAAAA)

akta.pro secondary industries

Cloud Security & Compliance Services (BPAEACAG), Data Security & Privacy for Cloud (DLP, DSPM, Tokenization) (HDABAHAK)

Keywords

• Cloud infrastructure services
• Colocation data centers
• Disaster recovery
• Managed cybersecurity
• Backup as a service

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Colocation Services: Rental of physical rack space in TIER III certified data centers. Clients install their own servers in Tet's data centers. Pricing based on rack units, power consumption, and service tier.
2. Hardware Rental: Dedicated server rental with fixed monthly fee including hardware, warranty, and service level. Includes storage systems, backup solutions, and network equipment. Partners with DELL-EMC, Lenovo, HPE, IBM, Huawei, Cisco, Juniper, Mikrotik.
3. Cloud Services (Tet Cloud): Virtual server provisioning with pay-as-you-go model. Unlimited virtual servers, network connections, and firewall configurations. Unlimited data transfer included. NVMe SSD storage and high-performance processors available. Professional tier for SMB and Enterprise tier for large projects.
4. Network Solutions: Dedicated internet access (50 Mbps to 100 Gbps via Ethernet), L2 Ethernet, MPLS VPN, and dark fiber services. Revenue from bandwidth, connectivity, and network service subscriptions.
5. Security Solutions: DDoS protection, SOC services, vulnerability diagnostics, endpoint security, data protection/GDPR compliance, and IT security assessments. Includes penetration testing and 24/7 monitoring services.
6. Backup as a Service (BaaS): Remote data backup and recovery using IBM Spectrum Protect. Supports over 1,000 data formats. Encrypted data transfer and EU-based storage. Flexible scheduling and retention policies.
7. Disaster Recovery as a Service (DRaaS): Custom disaster recovery planning using geographically distributed data centers across EU. RTO and RPO metrics guaranteed. 10 years experience in DR design, implementation, and migration.
8. Software Licensing: Purchase or rental of software licenses from Microsoft, VMware, Veeam, SAP, Citrix, Adobe, McAfee, Tilde, Corel, Veritas, ESET. Licensing consulting, installation, and maintenance services included.
9. System Administration: IT systems outsourcing including server management, OS support (Windows, UNIX, LINUX), database administration (MySQL, Microsoft SQL, Oracle, SAP Sybase), migration, and 24/7 technical support in Latvian, Russian, and English.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Tet Cloud operates a B2B IT infrastructure and cloud services platform offering virtual servers (IaaS) on VMware-based Tet Cloud, colocation in TIER III certified data centers, dedicated hardware rental, network connectivity, managed security (SOC, DDoS protection), backup-as-a-service on IBM Spectrum Protect, and disaster recovery on VMware SRM and Veeam. The platform serves enterprise, government, and SMB customers across the Baltics and Europe with EU data sovereignty and PCI DSS Level 1 compliance.

Product overview

Tet Cloud is an IT infrastructure and cloud services platform operated by Tet (formerly Lattelecom), one of the largest certified infrastructure providers in the Baltics. The portfolio consists of a unified cloud platform (Tet Cloud) combined with six proprietary data centers (DATTUM, Brīvības, Kleistu, Pērses, Atlasa, and DC 6) and partner data centers across Europe. Core infrastructure services include Collocation (physical data center space), Hardware Rental (dedicated servers), Tet Cloud (virtual servers and cloud infrastructure), Data Network Solutions (connectivity), and Security Solutions (cybersecurity). Additional services include System Maintenance, Backup Solutions (BaaS), Disaster Recovery (DRaaS), and Licensing Services. The platform is built on VMware virtualization technology with SLA guarantees up to 99.982%, and serves over 1200 clients across the Baltics and export markets.

Differentiator

Problem solved

Functional benefit

Brands

• Tet Cloud: Cloud services platform offering virtual servers, cloud infrastructure, IaaS solutions
• Tet Distant
• Helio
• Tet Electricity (tet)

Products and services

• Tet Cloud (IaaS Platform) Cloud platform providing virtual servers and cloud infrastructure (IaaS) built on VMware virtualization technology with 99.982% SLA. Includes Professional tier (flexible pay-as-you-go for SMB) and Enterprise tier (private cloud with custom requirements for large businesses). Available via self-service portal at vcd.tetcloud.com.
• Colocation Data center space rental for installing customer-owned servers and IT equipment in Tet's TIER III certified data centers across Riga. Pricing based on rack units, power consumption, and service tier. Includes 24/7 service availability.
• Hardware Rental Dedicated server rental service providing fixed monthly pricing including hardware rental, warranty, and service level agreements. Servers located in Riga data centers with up to 99.982% availability. Partners with DELL EMC, Lenovo, HPE, IBM, Huawei, Cisco, Juniper, Mikrotik.
• Data Network Solutions Comprehensive network connectivity services including dedicated internet access (50 Mbps to 100 Gbps), L2 Ethernet connections, MPLS VPN (VBT) networks with QoS, and dark fiber leasing. Points of presence across 8 countries in Europe with cross-border fiber to Lithuania and Estonia.
• Security Solutions Cybersecurity services including DDoS protection (99%+ legitimate user access during attacks), Security Operations Center (SOC) with SIEM technology, vulnerability diagnostics and management, endpoint security, data protection, GDPR compliance, and IT security assessment/penetration testing.
• System Maintenance IT systems administration and management including server configuration, OS support (Windows, UNIX, LINUX), database administration (MySQL, Microsoft SQL, Oracle, SAP Sybase), IT systems migration, and 24/7 technical support in Latvian, Russian, and English.
• Backup-as-a-Service (BaaS) Remote data backup and restoration as a managed service using IBM Spectrum Protect system supporting over 1,000 data formats. Data encrypted during transfer and stored in EU-based data centers. Flexible scheduling and retention policies.
• Disaster Recovery as a Service (DRaaS) Custom disaster recovery planning using geographically distributed data centers in Latvia (5 DCs in Riga), Germany (Frankfurt), Lithuania (Vilnius), and Poland (Warsaw). Built on VMware Site Recovery Manager and Veeam with guaranteed RTO and RPO metrics.
• Licensing Services Software licensing services for Microsoft, VMware, Veeam, SAP, Citrix, Adobe, McAfee, Tilde, Corel, Veritas, ESET and other vendors. Offers both purchase and rental (SaaS-style) options, including licensing consulting, installation, and maintenance services.
• Tet Dattum Data Center Flagship TIER III certified data center designed for critical IT systems. Capacity of 100 racks, 1.4 MW electrical power, PCI DSS Level 1 certified since 2017. Specialized for financial transactions with 99.982% availability and 100% uptime since 2013.
• Tet Brīvības Data Center Tet proprietary data center in Riga with 50 racks, 0.7 MW power, 99.75% availability. ANSI/NE 1047 compliant and PCI DSS Level 1 certified.
• Tet Kleistu Data Center Tet proprietary data center in Riga hosting the largest capacity in Tet's portfolio with 122 racks and 1.2 MW power.
• Tet Pērses Data Center Carrier-neutral data center in Riga with 80 racks and 0.7 MW power. Operates as an internet exchange point for local and foreign telecom operators, mobile operators, and ISPs.
• Tet Atlasa Data Center Tet proprietary data center in Riga with 40 racks and up to 15 kW per rack. PCI-DSS, ISO 9001, and ISO 27001 certified with 99.982% availability.
• Tet DC 6 Newest Tet data center in Riga at Dzirnavu iela 5. TIER III certified with 60 racks, 0.3 MW power capacity, 99.982% availability, and gas fire suppression.
• Tet Cloud Security Operations Center (SOC) 24/7 cybersecurity monitoring service using SIEM technology with AI and machine learning. Includes vulnerability scanning, threat detection, and incident response. Located in a certified Latvia data center.
• Tet Distant (Remote Desktop Service) Remote desktop solution providing secure access to all office business data and cloud data placement with the highest safety levels. Enables work from any location worldwide.

Quantifiable outcome

• 99.982% SLA uptime guaranteed, Dattum DC has maintained 100% uptime since opening in 2013
• +7 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability2 records

Feature8 records

Partnerships

18 partnerships are on record, tiered core, major and minor.

• Telia LatvijacoreStrategic or Co-development Partner · 1 April 2019Merger with Telia Latvija brought Copenhagen data center capacity to Tet's portfolio, enabling 2.5x cloud platform expansion. Telia Latvia was acquired as part of group consolidation, adding Denmark-based DC resources.
• VMwarecoreTechnology or IntegrationVMware provides core virtualization technology for Tet Cloud platform. Used for cloud infrastructure (vCloud Director), disaster recovery (Site Recovery Manager/SRM), and backup (vSphere). Partnership covers both cloud platform and professional services delivery.
• IBMcoreTechnology or IntegrationIBM provides Spectrum Protect technology for Tet's Backup-as-a-Service (BaaS) offering, supporting over 1,000 data formats. IBM is also a hardware partner providing server and storage equipment.
• VeeamcoreTechnology or IntegrationVeeam provides Backup and Replication technology for disaster recovery solutions. Partnership includes VCSP (Veeam Cloud Service Provider) program with published pricing lists.
• MicrosoftcoreTechnology or IntegrationMicrosoft partnership includes Azure-related services, Windows Server, SQL Server, Office licensing. Tet holds Microsoft Gold Partner status and SPLA licensing program participation. Cloud services can include Microsoft licensing.
• DELL EMCmajorChannel Partner/ Reseller/ DistributorDELL EMC serves as hardware supplier for servers, storage, and data center equipment. Tet has received Dell Regional Partner awards in 2016, 2017, and 2018.
• CiscomajorTechnology or IntegrationCisco provides networking equipment, security solutions, and holds Cisco Master Managed Services Partner and Premier Partner certifications. Partnership includes network infrastructure and managed services delivery.
• SAPmajorTechnology or IntegrationSAP partnership includes SAP Silver Partner status and HANA license support services. Lattelecom Technology authorized by SAP AG in September 2015 to provide HANA license support.
• CitrixmajorTechnology or IntegrationCitrix partnership includes hosting provider certification for virtualization and remote access solutions. Supports Tet Distant and cloud desktop services.
• LenovomajorChannel Partner/ Reseller/ DistributorLenovo provides data center hardware including servers and storage. Tet holds Lenovo Data Center Partner Gold and PC Partner Platinum certifications.
• HPE (Hewlett Packard Enterprise)majorChannel Partner/ Reseller/ DistributorHPE Silver Partner status for server and storage equipment supply and support.
• Huawei EnterpriseminorChannel Partner/ Reseller/ DistributorHuawei enterprise hardware partner providing servers, storage, and networking equipment.
• FortinetmajorTechnology or IntegrationFortinet Gold Partner for cybersecurity solutions including firewall, DDoS protection, and network security.
• Palo Alto NetworksmajorTechnology or IntegrationPalo Alto Networks Silver Reseller Partner for next-generation firewall and cybersecurity solutions.
• UkrtelekomminorChannel Partner/ Reseller/ DistributorUkrtelekom partnership initiated October 2016 allowing Ukrainian enterprises to rent virtual servers and cloud data center services from Lattelecom/Tet.
• Startup Wise Guys RigaminorStrategic or Co-development PartnerFirst Latvian accelerator program launched September 2016, powered by Lattelecom. Connects startups and investors from around the world in Riga. Part of Tet's startup ecosystem and innovation strategy.
• Overkill VenturesminorStrategic or Co-development PartnerAcceleration fund launched April 2018 with Lattelecom as partner. Planned investment in 50 startups across Baltic and Central Europe.
• eSport / Baltijas eSporta līga (BESL PRO)minorStrategic or Co-development PartnerBaltic esports league created by Lattelecom/Tet in cooperation with eSport organization. First esports event of this level in the Baltic States, launched January 2018.

Scale indicators17 records

Recent moves10 records

Expansion highlights7 records

Direct peers

• Digital Realty: Largest global data center REIT, with significant European footprint including Frankfurt, Amsterdam, and Nordic facilities. Competes head-to-head with Tet for enterprise colocation, cloud-adjacent deployments, and DRaaS workloads.
• OVHcloud: European-headquartered hyperscale cloud provider offering virtual servers, dedicated hosting, and managed cloud services. OVHcloud is the closest functional analog to Tet Cloud at a larger European scale, competing on price-performance for SMB and mid-market cloud.
• Hetzner: German cloud and dedicated server provider with strong presence in Northern and Central Europe. Competes directly with Tet Cloud's IaaS and dedicated server rental offerings, especially in DACH and Nordic markets.
• Tietoevry: Nordic-headquartered IT services and cloud provider operating data centers across the Nordics and Baltics. Closest regional comparable to Tet in terms of combined managed services, cloud, and industry-specific compliance offerings.
• Equinix: Global colocation and interconnection leader. Equinix directly competes with Tet's colocation and DC interconnection business across Europe, including the Frankfurt FR5 location that is itself a Tet partner DC — meaning Equinix is simultaneously a partner and competitor in the same corridors.
• Datagroup: Ukrainian national telecom, cloud, and data center operator. Competes with Tet in the Ukrainian cloud and DC market — explicitly named alongside Tet as a top player serving Ukrainian enterprises seeking EU-based continuity infrastructure.

Broad incumbents

• Telia Company: Nordic-Baltic telecom incumbent that previously owned Telia Latvija (acquired into Tet Group). Telia offers cloud, colocation, and managed services across the region; while not a head-to-head DC competitor in Latvia post-merger, Telia remains a broader incumbent across the same customer set.
• Lumen Technologies: US-based global enterprise networking, colocation, and cloud provider with European operations. Competes with Tet for large multinational enterprise networking, MPLS, and DRaaS workloads, though Lumen is far broader in scope.
• Elisa: Finnish telecom and digital services operator offering cloud, colocation, and IT services across the Nordics and Baltics. Elisa competes with Tet in cross-border enterprise cloud and connectivity, particularly via the Helsinki PoP corridor.

Regional players

• GleSYS: Swedish independent hosting and IaaS provider operating data centers in Sweden and the Nordics. Comparable to Tet in offering virtual servers, dedicated hosting, and managed services — though it does not directly overlap Tet's Baltic footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tet Cloud