Quality Clouds Raises £3.5M in Funding

Picture shows (L to R): Adam Hart, investment director at YFM, with the Quality Clouds team: Angel Marquez, CTO; K.C. Watson, CRO; and Albert Franquesa, CEO
Picture shows (L to R): Adam Hart, investment director at YFM, with the Quality Clouds team: Angel Marquez, CTO; K.C. Watson, CRO; and Albert Franquesa, CEO

Quality Clouds, a Washington, DC, UK-based developmental governance platform for ServiceNow and Salesforce, raised £3.5m in funding.

The investment came from funds managed by YFM Equity Partners (YFM), alongside participation from incumbent shareholders and incoming non-executive directors and advisers.

The company intends to use the funds to strengthen its offering globally and increase the ability for customers to enhance ServiceNow and Salesforce deployments.

Led by Albert Franquesa, CEO, Quality Clouds provides leadership and developer teams with a suite of development and governance tools. The company was founded in 2015, and launched Quality Clouds for ServiceNow in late 2016 and Quality Clouds for Salesforce in 2018. As of April 2022, they had scanned more than 9 million configuration elements and over 60 million lines of ServiceNow and Salesforce code.

The funding follows growth in the USA, where 45% of clients are based and where a new team has recently been appointed.

FinSMEs

09/05/2022