Stockholm-based Ankra, a cloud infrastructure automation platform, announced that it has raised €1.1M in a pre-seed funding round led by UK-based B2B investor Superseed, alongside industry-leading angel investors.
Ankra says it will use fresh capital for the development of its platform to accommodate a waitlist of clients and the company’s growing operations in the UK market.
The cloud infrastructure company automates cloud infrastructure setup and maintenance in a compliant manner, allowing companies and products to go live in days compared to month-long setups. This initiative aligns with Ankra’s goals to address the challenges of maintaining cloud infrastructure for prominent institutions.
Issues plaguing cloud infrastructure
The glaring complexity of cloud infrastructure only increases as companies expand into the new digital frontier. Developers need to spend hours to maintain the system from system crashes, service slowdowns, and data losses.