Zimory, a Berlin cloud management start-up, has secured $20 million in funding led by its newest investor Deutsche Boerse. Existing investors Creathor Venture, High-Tech Gruenderfonds (HTGF), IBB Beteiligungsgesellschaft (IBB), KFW and T-Venture also kicked in.
Zimory, which has previously seen $5.5 million in venture funding, means to use the new money to expand internationally and develop its vendor-neutral management platform for the cloud services marketplace further.
The recently announced cloud services marketplace, Deutsche Boerse Cloud Exchange, is the world’s first vendor-independent exchange for cloud computing capacities. It will enable IT resources to be traded like securities and energy, electronically, in seconds.