Industry News Desk
Paris-Based eNovance Snags $7M+ in Funding, Opens North American Office
Multi-cloud management pioneer gets funding round from Entrepreneur Venture, BNP Paribas, Oséo, and Odyssée Venture
By: Jeremy Geelan
Jul. 10, 2013 12:45 AM
"This new round of funding confirms the company's business model and growth potential," said Philippe Thériault, newly appointed Chief Commercial Officer for North America at Paris-based open source cloud computing company eNovance, as it was announced today that eNovance had finalized a funding deal worth more than $7 million.
eNovance, which is the world's 7th largest contributor to the OpenStack initiative and the only European company on the foundation's board of directors alongside Rackspace, Redhat, Cisco and HP, will use the funding to expand its operations throughout North America, with an increasing focus on Silicon Valley and the U.S. market.
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