emma, a cloud management platform, has raised $17M in a new Series A funding round. The news follows its $6 million Seed Round in March 2023, bringing total funding to $23M within two years.
The round was led by Smartfin, with participation from RTP Global and existing investors. The capital will fuel the expansion of emma’s product development, accelerate go-to-market efforts, and enhance customer success initiatives.
Founded in 2019, emma's platform combines advanced AI-driven automation, real-time analytics, and comprehensive multicloud management capabilities, allowing teams to gain full visibility and control over their cloud environments. By simplifying complex cloud ecosystems, emma allows businesses to optimise workloads, forecast usage, and manage multicloud strategies, enabling more effective resource allocation and financial predictability.
CEO, Dmitry Panenkov commented “At emma, we’re shaping the future of cloud operations. As businesses grow, they need the freedom to scale across any provider without limitations. We're building the standards to make cloud-agnostic operations a reality. This funding accelerates our mission to give companies the control and flexibility they need to optimize across all environments.”
The Series A round will allow emma to continue its rapid innovation and bring new features to the platform, including AI accelerators, enhanced security, broader cloud integrations, and more robust automation capabilities. Additionally, the company intends to establish a research and development center at its headquarters in Luxembourg to support product development and address the increasing demands of its growing customer base.
“emma is addressing one of the most critical challenges for modern enterprises: managing and optimizing complex multi-cloud environments," added Harry Haeck, Partner at Smartfin "By combining automation, cost visibility, and actionable insights into a single platform, emma offers a unique approach to cloud management, enabling businesses to focus on innovation instead of infrastructure. At Smartfin, we are proud to partner with a transformative company that is leading the way in smarter, more agile cloud strategies for enterprises worldwide.”
Photo by Growtika on Unsplash
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