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Paris-Based eNovance Snags $7M+ in Funding, Opens North American Office

Multi-cloud management pioneer gets funding round from Entrepreneur Venture, BNP Paribas, Oséo, and Odyssée Venture

"This new round of funding confirms the company's business model and growth potential," said Philippe Thériault, newly appointed Chief Commercial Officer for North America at Paris-based open source cloud computing company eNovance, as it was announced today that eNovance had finalized a funding deal worth more than $7 million.

"eNovance's unique expertise places us squarely among the few credible players on the market and in a highly advantageous position on the North American market," Thériault added.

eNovance, which is the world's 7th largest contributor to the OpenStack initiative and the only European company on the foundation's board of directors alongside Rackspace, Redhat, Cisco and HP, will use the funding to expand its operations throughout North America, with an increasing focus on Silicon Valley and the U.S. market.

"The Montreal area is bursting with qualified workers who meet the very exacting needs of our industry. We plan to make Montreal the nerve centre of our North American operations, so the team in the Montreal office, which already has twenty-some employees, will have to grow quickly in the months ahead," noted Nicholas Marchal, co-founder and Technical Director of eNovance.

More Stories By Jeremy Geelan

Jeremy Geelan is Chairman & CEO of the 21st Century Internet Group, Inc. and an Executive Academy Member of the International Academy of Digital Arts & Sciences. Formerly he was President & COO at Cloud Expo, Inc. and Conference Chair of the worldwide Cloud Expo series. He appears regularly at conferences and trade shows, speaking to technology audiences across six continents. You can follow him on twitter: @jg21.

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