Flexiant, a Livingston, Scotland, UK-based cloud computing technology provider, closed a £1m investment round.
This funding, which was backed by over twenty angel investors, as well as the management team, provides the company with additional working capital to further develop its “pay-as-you-go”cloud computing infrastructure, both as a public platform (FlexiScale) and as a licensed product for data centre owners (Extility).
Commenting on the round, Alex Bligh, CEO of the company, was quoted as saying: “This investment will enable Flexiant to develop further our technology and to drive our sales process.
“At a time when the demand for this kind of technology far exceeds the availability of proven models such as Extility and FlexiScale, Flexiant is uniquely positioned to take advantage of this market place”.
FinSMEs
23/09/2010