eXo
Auriga Partners

eXo raises €4 million for US expansion

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[France] France-based eXo has just raised a €4 million series A round with Auriga Partners and XAnge Capital to expand their business in the US.

The company, a provider of open source java middleware for cloud-based services, first set-up shop in San Francisco in October 2009. The opening of their US office followed a partnership deal they made with Red Hat, which led to the joint-development of GateIn. eXo’s new round of funding will go towards sales, marketing and R&D efforts, as well as establishing additional partnerships throughout the US.

The company’s flagship product, eXo Platform, was developed in 2003 as a result of a request made by the US Department of Defense. The open source platform aims to bridge the gap between the web 2.0 experience and enterprise platforms, by facilitating the development Java websites and applications and including various collaboration and social features. The latest version, eXo Platform 3.0, is to be released by summer.

Founded in 2002 by CEO Benjamin Mestrallet, eXo counts additional offices in Vietnam, Ukraine and Tunisia. eXo also has a number of strategic partnerships in Europe with Bull, Capgemini, Atos Origin and Thales.

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