Jotelulu Raises €4M in Funding
Summary
Jotelulu, a Madrid, Spain-based provider of a a platform that helps transform IT companies into cloud service providers, raised €4M in funding. The round was led by Adara Ventures, with participation from G2A Investment Partners and previous investors Fundación Bankinter and Big Sur Ventures. The company intends to use the funds to accelerate growth and its launch in the French market, as well as to continuously add value to its existing customers. Founded in 2018 by Founder and CEO David Amorín, Jotelulu is a provider of a cloud services platform that helps any IT company sell cloud services to small and medium-sized enterprises (SMEs) competitively, under their own brand. Its solutions are already being used by more than 3,000 SMEs and 10,000 total users across Spain and Portugal.
Funding
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