emma provides a cloud management platform that combines AI-driven automation, real-time analytics, and comprehensive multicloud management to help teams optimize workloads and forecast usage. The product aims to simplify complex cloud ecosystems, improve resource allocation, and increase financial predictability for customers. The company plans to add new features including AI accelerators, enhanced security, broader cloud integrations, and more robust automation capabilities. emma will also establish an R&D center at its headquarters in Luxembourg to support product development. Financially, emma raised $17M in a Series A following a $6M seed in March 2023, bringing total funding to $23M within two years. CEO Dmitry Panenkov emphasized the company’s mission to enable cloud-agnostic operations and give companies greater control and flexibility across providers. Emma provides an end-to-end, no-code cloud management platform designed to unlock the benefits of multi-cloud while reducing operational complexity and security risks. Led by CEO and founder Dmitry Panenkov, the company operates from Luxembourg and Santa Monica, CA. Since its launch in November 2021, emma has doubled its team to 40 employees. The company plans to use recent funding to expand its engineering team and accelerate its development pipeline. Planned product work includes infrastructure-as-code, agnostic transfers, and autoscaling for managed services across different cloud providers. Emma also intends to improve native connectors to customers’ private clouds to enable seamless scaling from private to public clouds and reduce hardware overheads. The company aims to better serve customers on both sides of the Atlantic as it grows.

Total raised

$23M

Funding rounds

2

Latest round

Series A

Latest activity

Nov 2024