Paris-based Qovery lands €11.3 million to simplify multi-cloud application deployment and expand to the US
A Paris-based tech company, Qovery, has successfully secured €11.3 million in Series A funding, signaling a significant step forward in the development of European cloud technology solutions. This investment reinforces the growing momentum behind European initiatives aimed at fostering digital sovereignty by providing businesses with control over their cloud infrastructure and data management processes. The platform specializes in simplifying application deployment across various cloud providers, allowing developers to focus on their core product instead of complex infrastructure management. Qovery's platform automates DevOps processes, enabling seamless deployment across multiple cloud environments. The funding will specifically fuel the expansion of its team, the acceleration of AI-driven product innovations, and its ambitious venture into the US market. This commitment to growth highlights Europe's evolving tech landscape and its drive to offer competitive and user-friendly alternatives to existing solutions, particularly those originating outside the EU. The implications of Qovery's success extend beyond the company itself, potentially benefiting businesses and developers seeking more streamlined and European-centric cloud options. Furthermore, it contributes to the broader European effort to reduce reliance on non-European cloud providers, contributing to greater data privacy and security aligned with GDPR principles. This development provides a valuable tool for European businesses aiming to control their digital destiny. This funding round underscores the increasing investment in European tech companies developing innovative solutions. The company's expansion into the US market also presents an opportunity to demonstrate the global competitiveness of European technological advancements and the viability of digital sovereignty.
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