Flexiant, which provides cloud software and services, has raised approximately a further £1 million in its latest funding round from “over twenty angel investors”, along with the company’s management team. That brings the total raised to-date to around £2m.
Flexiant, one of only three independent public cloud providers in Europe (and five worldwide) says it will use the additional capital to further develop Extility, its cloud computing technology, and FlexiScale, its infrastructure-as-a-service offering.
Talking up the new investment, Alex Bligh, Chief Executive Officer of Flexiant, says: “This funding will enable Flexiant to develop further our technology and to drive our sales process. At a time when 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.”
Launched in 2007, Flexiant, which sort of competes with Amazon’s cloud offering, actually claims to be Europe’s first cloud platform. It’s currently providing cloud services for two key EU FP7 projects in conjunction with the likes of SAP, Atos Origin and Telefonica.