Cross4Cloud, which develops a SaaS platform that enables to manage and optimize multi-cloud usages, closed its pre-seed investment round with an investment of $300 thousand from an angel investor over a $6 million valuation.
Cross4Cloud, which develops a SaaS platform that enables to manage and optimize multi-cloud usage, has closed its pre-seed investment round by receiving an investment of $300 thousand from an angel investor over a $6 million valuation, according to the statement of one of its founding partners, Ercan Yesil.
Cross4Cloud offers its users a cloud usage experience with opportunities such as viewing different price and speed options on a single screen, reporting, instant optimization suggestions, fast and cheap transition in emergency situations, seamless migration between platforms and compliance with region/provider-based regulations.
Cross4Cloud, one of the KWORKS’22 initiatives, completed the incorporation process in two different locations, America and Turkiye, with the investment it received. Continuing to work with a team of 12 experts together with its founding partners, the initiative aims to increase this number to 16 people in the near future. The company, which plans to meet its users by completing the PoC services they are developing in 2023, aims to take a significant share from the rapidly growing cloud technologies market.
The target customer group of the initiative, which includes storage, reporting, monitoring and cloud optimizations among the services and features they plan to include in the PoC version, is corporate companies and startups with a high habit of using multi-cloud and switching between cloud providers.
Cross4Cloud, which connects different cloud providers, aims to make it easier for companies to improve their multi-cloud management with the advantages it offers, such as ease of use, unified API, instant provider switching, agile transformation, rapid scaling and cloud costs can be monitored from a single screen.
Source: Webrazzi / Translated by Irem Yildiz