Spanish Startup ECmanaged Secures Second-round Financing and Reaches $1.2m Funding

ECmanaged, the multi-Cloud management tool, has received another round of funding to support its internationalization process as Europe wakes up to Cloud computing.

The $400.000 funding commitment by Spanish Public Business Entity, CDTI, means ECmanaged has now raised $1.2m since its launch in June 2013.

The SaaS management tool enables users to deploy, monitor and manage Cloud servers from a single login. It supplies services to major broadcasting and VOD companies, managed services providers, European Cloud providers as well as small-scale ecommerce startups.

Juan Carlos Moreno, founder and CTO at ECmanaged, is satisfied with the latest investment. "The participation of the Centre for Industrial Technological Development (CDTI) and the EU R&D Framework Programme is proof for the growth prospects we have forecasted for multi-Cloud and Cloud orchestration in Europe."

The Barcelona based startup sees a bright future for Cloud on the European continent. European companies are increasingly migrating towards Cloud and are choosing for either European providers or cocktails of multiple providers and technologies. ECmanaged provides the right tool to create such heterogeneous IT environments.

The company has a predicted growth of 30% and is securing strategic partnerships with regional IaaS providers on the European continent.

ENDS.


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About ECmanaged: Founded in 2012, ECmanaged is a pioneering multi-Cloud and IT management tool enabling users to take full control of their Cloud platforms and physical servers. Its intuitive design and interface allow users to develop Cloud platforms avoiding provider imposed restrictions. ECmanaged enables users to be in control of all their platforms and applications both at the implementation phase and afterwards. www.ecmanaged.com

About CDTI: is a Public Business Entity, answering to the Ministry of Economy and Competitiveness, which fosters the technological development and innovation of Spanish companies. It is the entity that channels the funding and support applications for national and international R&D&i projects of Spanish companies. www.cdti.es