Leopard Rock lead Flexiant Close of £3.75 Million in Funding for Cloud Orchestration
The trendsetter in cloud orchestration software, Flexiant, today announced it has closed £3.75 million in investor funding. This round of funding allows Flexiant to expand its global presence to support increased customer demand for cloud management software. The funding will enable further development of Flexiant Cloud Orchestrator to maintain and enhance its support for cloud service providers.
Working with Flexiant, cloud service providers including hosters, service providers and telecom organizations have the capability to build their cloud services business by providing on-demand, fully automated provisioning. This capability allows these organizations to adapt and capture the cloud market opportunity, offer competitive differentiated services, provide new revenue streams, achieve productivity gains and to move to higher margin offers.
“A $30 billion market opportunity, the cloud offers tremendous growth opportunities for service providers that can scale, deploy and configure cloud services simply and cost effectively,” said George Knox, CEO, Flexiant. “Our product allows customers to go to market quickly with a cloud service business that generates revenue with immediate return on investment.”
John Pocock, Chairman, Flexiant, said, “This new round of funding further strengthens our rapid growth in the US and EMEA markets. Flexiant is at the forefront of supporting this multi-billion dollar opportunity and is seeing tremendous growth and industry recognition that we are a company to watch.”
This round was led by Leopard Rock Capital, who have advised the company since inception. The funding has been achieved through the combined support of angel investors and has not involved any venture capital providers.