Cloudesire raises €600k funding led by TIM Ventures

PISA, ITALY: ClouDesire, a cloud monetization platform,
pioneering the SaaSification and cloud-agnostic spaces, announced today that it has closed a €600k in funding.

December 22nd  2015

ClouDesire, a cloud monetization suite that enables large and small Software Vendors to efficiently bring all of their software applications to the cloud, announced today that it has completed a €600k  round to fuel the launch of its global store of enterprise software applications and its growing european presence. The transaction was led by TIM Ventures, the Corporate Venture arm of Telecom Italia Group.

ClouDesire enables any software application to become “SaaS ready” and deployable across any cloud and with any commercial arrangement. In minutes, without programming, with full Docker support.

“I look forward to working with our strategic investor as the company enters the next phase of innovation and growth,” said Eddy Fioretti, CEO and Co-Founder of ClouDesire  'This investment comes at the right time in ClouDesire’s growth and will help push forward our long-term strategy and enable us to better serve our customers, employees and the industry. I would thank the investors, who believed in our vision and in our ability to execute, our team for the passion and dedication to the daily challenges, and all the people who keep supporting us from the early days.”

“We've built tremendous value in ClouDesire’s highly open, SaaS-centric functionalities. We now look forward to continue supporting the enormous community of Software Producers and Vendors that need to exploit the cloud advantages in a more safe and business oriented way” said Andrea Vecchi, CTO and Co-Founder.

About Cloudesire

Cloudesire is a pioneer in cloud monetization platforms, a game-changing enterprise application marketplace which allows for the easy and rapid SaaSification, enabling Software Vendors of any size to compete with the big players. The company was formed in 2013 by a team of Information Science and SaaS professionals with deep knowledge in the Cloud space.

ClouDesire wants to open the SaaS industry to the millions of software companies worldwide which are struggling to enter the cloud market. The software market is experiencing unprecedented changes mainly due to Cloud Computing and SaaS that have fundamentally changed the economics of the software industry (analysts expect an average of 7 business apps used by SMBs by 2018). Price structures, value proposition and business models for software delivery are dramatically changing, but only a bunch of big players so far are leading, and benefitting of, the cloud revolution: ClouDesire comes to help software vendors to easily migrate their software portfolio to the cloud and embrace new cloud-based business models with no upfront investments, staying ahead of the competition.