Seed funding of €600,000 for Italian startup ClouDesire

ClouDesire, an Italian startup that helps software companies take their applications to the cloud to distribute and monetise them more efficiently, achieved to raise €600,000 in a seed round of funding, which was led by TIM Ventures, the corporate investment arm of Telecom Italia. With the new capital, ClouDesire is aiming to boost its marketplace for software apps and grow its presence in Europe. 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.

As Eddy Fioretti, CEO and Co-Founder of ClouDesire stated: “I look forward to working with our strategic investor as the company enters the next phase of innovation and growth. 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”.

ClouDesireEddy FiorettiTelecom ItaliaTIM Ventures