Abiquo, a Barcelona, Spain-based developer of infrastructure management software for cloud computing environments, raised $5.1m in total new funding.
It includes a venture debt line worth $1.36m from Kreos Capital, a European venture debt provider. The State of Catalonia and the federal government of Spain also contributed $1.53m in grants and soft loans, and angel investors contributed the remaining portion.
The capital infusion will enable Abiquo to open new U.S. Headquarters in Redwood City, California, rapidly expand its worldwide presence, grow its executive, sales and marketing teams and develop and innovate its products.
This additional funding adds to the company’s recently announced investment by Spain’s Nauta Capital and Caja Navarra.
Abiquo also appointed Trevor Chamberlain as vice president of Business Development.
FinSMES
23/03/2010