Screen shots of Flexiant's FlexiScale software.
(WEB HOST INDUSTRY REVIEW) — European cloud services provider Flexiant (www.flexiant.com) announced on Tuesday it has closed a further investment round, raising about $1.55 million (£1 million).
The funding provides Flexiant with additional working capital to further develop Extility’s cloud computing technology, and its infrastructure as a service offering, FlexiScale.
Flexiant’s Extility software is a licensed virtualized cloud platform that delivers the benefits of real-time server estate management to end-users through its user interface and API.
The software is able to adapt server requirements to meet and exceed the demands of a constantly changing market landscape, allowing provisioning and reconfiguration of servers in seconds or minutes.
Flexiant released in June FlexiScale 2.0, while launching in March Extility software as a licensed product for data center owners.
Flexiant will also continue to market its FlexiScale public cloud service which has been operating for nearly three years.
The funding round was backed by over 20 angel investors, as well as the management team.
“This investment will enable Flexiant to develop further our technology and to drive our sales process,” says Alex Bligh, CEO of FlexiScale. “At a time when the 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.”
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