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Letterkenny based company CloudRanger raises €1 million in seed funding to deliver simple, Visual Server Management

29 Sep 2017
With investments from Enterprise Ireland and several private investors in both Ireland and the United States.
Cloud Ranger raise €1m E.I. - resized.jpg
Cloud Ranger raise €1m E.I. - resized.jpg
The CloudRanger team, assembled by founder and CEO David Gildea, is an international team of coders and designers passionate about making the cloud accessible to everyone. Yesterday, they announced they have completed a €1 million seed fund, with investments from Enterprise Ireland and the United States. 

About CloudRanger
CloudRanger based at CoLab, Letterkenny Institute of Technology campus, delivers cloud server management software for businesses, MSPs and enterprises with a simple interface to manage their cloud in a clear and straightforward way. Its easy-to-use graphical interface offers users scheduling policies to save time and money while delivering enhanced disaster recovery management. CloudRanger is an Amazon Web Services (AWS) advanced technology partner, with clients including HP, NASCAR and MetLife. 

Enterprise Ireland High Potential Start-Up 
Cloud Ranger received High Potential Start-Up (HPSU) funding from Enterprise Ireland to support developer hires and product development. Enterprise Ireland defines a HPSU as a start-up business with the potential to develop innovative products or services for sale on international markets and the potential to create 10 jobs and €1m in sales within 3 to 4 years of starting up.

Since the launch of its redesigned software in June 2017, CloudRanger has already quadrupled its staff size with the addition of 12 new full-time employees, with plans to hire 10 new developers to fuel further product development, as well as additional sales staff to support its offices in Donegal, Ireland and Chicago.
 
“CloudRanger’s proprietary approach to visual server management has driven incredible growth, including a 150 percent increase in monthly recurring revenue and doubling the number of users, since the launch of our Server Management Platform in June 2017,” said Mr. Gildea. “The support of Enterprise Ireland and our other investors enables CloudRanger to further develop its platform, with the ultimate aim to become the leading provider of cross-cloud automation and disaster management worldwide.”

Source: PR Web


Donegal County Council Enterprise Ireland IDA Ireland Letterkenny Institute of Technology Udaras Pramerica ERNACT Failte Ireland