Follow The Money: 10 Recent Tech VC Investments To Watch In July


Zimory

Headquarters: Berlin

CEO: Ruediger Baumann
New Funding: $20 million
Round: Undisclosed
Backers: Deutsche Boerse, Creathor Venture, High-Tech Gruenderfonds (HTGF), IBB Beteiligungsgesellschaft (IBB), KFW, T-Venture

The Berlin-based cloud management software company allows customers to utilize the extent of cloud computing's capabilities through its Cloud Suite, which speeds up the process of creating, launching and managing various cloud environments. With its new funding, led by Deutsche Boerse, in addition to established investors, Zimory plans to expand its management platform internationally, according to a company statement. Zimory also announced a partnership with its leading investor in a vendor-independent cloud services marketplace called Deutsche Boerse Cloud Exchange, focused on enabling the quick trade of IT resources electronically.