Nuon raises $16.5M to transform software-as-a-service deployment
Summary
Nuon Inc. said today it has raised $16.5 million in funding to coincide with the launch of an early access version of its novel Bring Your Own Cloud platform for third-party software providers. The startup’s platform gives software companies the opportunity to deliver software-as-a-service-like experiences directly within their customers’ own cloud accounts, combining security and self-hosted compliance with the convenience of SaaS. With Nuon’s BYOC platform, SaaS companies can offer their customers a more seamless deployment model that eliminates the need to transfer data to developer-controlled infrastructures. Another benefit of Nuon’s platform is that it supports the tighter integration of SaaS applications with customer data, which has become critical in the age of artificial intelligence. Looking ahead, Nuon will use the funds to boost its product development and accelerate its customer acquisition efforts, with plans to launch its platform in general availability by the second quarter of next year.
Funding
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