emma, a Luxembourg-based provider of a cloud management platform for businesses to optimize and scale their cloud infrastructure, raised $17m in Series A funding.
The round was led by Smartfin, with participation from RTP Global and existing investors. This follows its $6m Seed Round in March 2023, bringing total funding to $23m within two years.
The company intends to use the funds to accelerate the expansion of its product development, accelerate go-to-market efforts, and enhance customer success initiatives to meet demand for efficient agnostic cloud management solutions.
Led by CEO Dmitry Panenkov, emma enables organizations to streamline cloud operations, reduce costs, and improve agility through its intuitive platform. The platform combines advanced AI-driven automation, real-time analytics, and comprehensive multicloud management capabilities, allowing teams to gain full visibility and control over their cloud environments. By simplifying complex cloud ecosystems, emma helps businesses optimize workloads, forecast usage, and manage multicloud strategies, enabling more effective resource allocation and financial predictability.
After the official product release in 2022, emma has grown its client base across multiple industries, including gaming, fintech, healthcare, and retail, helping organizations of all sizes optimize and enhance the performance of their cloud infrastructure.
FinSMEs
25/11/2024