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Creathor Venture Management GmbH Schwedenpfad 24 61348 Bad Homburg, Germany http://www.creathor.de
Contact Ms Andrea Kaidel +49 6172 1397215
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Creathor Venture Management GmbH

CREATHOR VENTURE invests in Zimory, the leading European provider of cloud computing software

(PresseBox) (Bad Homburg, )
The Berlin-based Zimory GmbH secured 4 million € in funding from Creathor Venture and other investors for the commercialization of its carrier-grade cloud computing software and the development of a visionary database cloud technology, which will transfer the advantages of cloud computing into the field of databases for the first time ever.

Zimory's Cloud Manager solution enables service providers to deliver high-quality cloud computing services on demand to enterprise customers. It is suitable for private as well as public clouds and supports any kind of cloud computing constellation to automate the management of large IT-infrastructures. Zimory's solutions reduce operating costs as well as investment costs significantly. In addition, Zimory is the leading European player in the global cloud computing market which offers significant advantages regarding data security and data privacy, in particular for European customers.

Rüdiger Baumann, Zimory's new CEO, says, "I am very excited by this new opportunity and glad to serve this innovative company. With our next software release supporting "database in the cloud", Zimory will offer an end-to-end software system for every enterprise customer and service provider in the world, which will deliver huge cost savings for users."

Following the current funding, Zimory's CTO, Professor Gustavo Alonso (ETH Zurich), was awarded the "Ten Year Best Paper Award" at the International Conference on Very Large Databases, which reaffirms Zimory's outstanding technological position. His ground-breaking research on database scalability and data management was recognized as the most influencing contribution to sciences and practice within the last ten years.

"We are very excited to invest in Zimory as the European player in the promising cloud computing software market. Zimory shows tremendous potential, especially with respect to its database virtualization technology which will put it well ahead of its competitors", comments Christian Stein, investment manager at Creathor Venture and board member at Zimory.

About Zimory

Founded in 2008, Zimory delivers software to enable enterprise companies, communication service providers and partners to offer dynamic IT infrastructure services for the enterprise environment.

Zimory offers a carrier grade cloud computing solution suite; a secure, fully flexible, scalable and interoperable, end-to-end service for private, public and database cloud anytime, anywhere. For more information please visit www.zimory.com

Creathor Venture Management GmbH

CREATHOR VENTURE invests in technology-oriented companies and entrepreneurs from the fields of life science, IT, telecommunication, new media, new materials, electronics, nanotechnology and cleantech. With 25 years of experience in the venture capital market, Creathor has been acting as lead investor for more than 200 companies and participating in over 20 IPOs. Creathor Venture is providing not only capital but also industry knowledge, expertise at building companies, and the network to develop a sustainable business model with a globally competitive advantage. The management team at Creathor Venture includes the founder of former Technologieholding, Dr. Gert Köhler as well as Ingo Franz and Karlheinz Schmelig. Examples of successful companies the partners have managed from the first round of financing to IPO are Micronas (SMI), SEZ (SMI), Intershop (Prime Segment), Infovista (NASDAQ, Nouveau Marché), POET (Prime Segment, NASDAQ), Wavelight (Prime Segment), Epigenomics (Prime Segment) and ITN Nanovation (Prime Segment).

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.