Sofia-based cloud services provider Cloud Office has secured €2 million from Eleven Ventures.
- Cloud Office was founded in 2019 in response to the growing need for businesses to navigate digital transformation's technical and operational challenges. The startup's founding team includes Dimitar Pavlov, Chavdar Trendafilov, Dimitar Chakarov, Ivo Zimbilev, Georgi Gocev, and Ivan Dobrinov, who have decades of experience working together at companies like Sutherland, ScaleFocus, and Google.
- Cloud Office develops solutions that bridge the gap between cloud infrastructure expertise and AI implementation. Its services include cloud adoption, migration, deployment, data analytics, and GenAI solutions, covering development, consulting, and ongoing system management.
- Over 650 customers across the EMEA trust Cloud Office services, recognized as the region's Google Cloud Partner of 2024. With a team of more than 60 engineers, the company is expanding its footprint by opening a new office in Greece.
- This round came from Eleven Ventures, one of the most active funds in Southeastern Europe. Since its inception in 2012, the fund has made nearly 200 deals across Europe, 60 of which are active. Its recent investments include Greek startup Moveo.AI and UK-based Native Teams.
- The new funding will allow Cloud Office to expand Google Cloud’s presence in Greece, where no established partners currently operate, and to solidify its reputation as “the most recognizable and preferred Google Cloud Partner in EMEA,” according to the startup's founder, Dimitar Pavlov.