The Hong Kong VC Horizons Ventures invests 4 million euro in the Belgian scale-up Cloudalize. The Ghent based daas company provides in graphical work environments for architects and designers.
The Chinese telecom billionaire Li Ka-Shing was an early investor in tech companies such as Facebook, Waze and the Swedish streaming platform Spotify. This time around, Horizons Ventures - Ka-Shings’ investment vehicle - participates in the Series A funding of the Ghent based growth company Cloudalize. Cloudalize raises a total of 5 million euro for its Series A.
Cloudalize’s GPU-powered virtual desktops bring instant flexibility, mobility, speed of execution and ease of use to engineers, designers, architects, gamers and other computing-heavy users thanks to its Desktop-as-a-Service Platform MyGDaaS. The company creates new markets and a valuable distribution channel for GPU-intensive applications by turning any browser-enabled and internet-connected device into a powerful graphics workstation.
"The sale of real estate is rapidly digitizing, and the best customer experience is gaining track"
“We want our customers to get their graphics engine with a click”, explains CEO Benny Willen in the Flemish business daily De Tijd. “Our solution is particularly important for the construction and real estate world. Cloudalize technology enables real estate agency sellers to guide their customers through a virtual model of buildings yet to be built. The sale of real estate is rapidly digitizing, and the best customer experience is gaining track, says Willen.
With the help of its Series A, Cloudalize can now recruit a dozen new technological profiles at its headquarters in Ghent. But the company also wants to expand its sales network. It focuses on New York, where it opens an office at the Belcham-incubator. Asia is also on the agenda.
The Cloudalize team counts 24 people. The company already raised 4.5 million euro in in recent years and is heading for an annual recurring turnover in seven figures.