emma Raises $6M in Seed Funding

Emma
Dmitry Panenkov, CEO and founder, emma

Emma, a Luxembourg, and Santa Monica, CA-based provider of a multi-cloud management application platform, raised $6M in Seed funding.

The round was led by RTP Global, with participation from AltaIR Capital and CircleRock Capital. 

The company intends to use the funds to grow its engineering team and speed up its development pipeline, in order to serve customers on both sides of the Atlantic. 

Led by Dmitry Panenkov, CEO and founder, emma provides an end-to-end, no-code cloud management platform that enables organisations to unlock all benefits of multi-cloud without the usual complexities and security risks associated with multi-cloud operations. Since its launch in November 2021, emma has doubled the size of its team to 40, most recently the addition of Dirk Alshuth, CMO, who joins from UiPath, and Garegin Margaryan as Head of Engineering, who was previously the VP of Software Development at INNOVA.

The company will use the funding to grow its engineering team and speed up its development pipeline. It plans to launch several new automation-related features this year, including infrastructure as code, agnostic transfers and autoscaling for managed services across different cloud service providers. emma is also planning to improve the existing native connectors to its customers’ private clouds, allowing them to seamlessly scale workloads from private to public clouds, and avoid overheads in their hardware environments.

FinSMEs

22/03/2023