emma Raises €16.3M to Simplify Multicloud Management

Cloud complexity is a growing headache for businesses – but emma is here to fix that.

The Luxembourg-based cloud management platform has just secured a €16.3 million Series A to supercharge its platform, helping companies optimize, automate, and gain full visibility over their multicloud infrastructure. The round was led by Smartfin, with participation from RTP Global and existing investors, bringing emma’s total funding to €22.1 million since its Seed round in 2023.

Why emma? Because Cloud Operations Shouldn’t Be This Hard

Managing cloud environments across multiple providers is a nightmare for IT teams—costs spiral, security risks increase, and complexity becomes unmanageable. emma’s platform tackles this problem head-on with:

  • AI-driven automation to streamline cloud workflows
  • Real-time analytics for smarter resource allocation
  • Full visibility across multicloud environments

With emma, businesses can forecast usage, optimize costs, and eliminate inefficiencies, making cloud operations smoother, more predictable, and financially sustainable.

“At emma, we’re shaping the future of cloud operations,” says CEO Dmitry Panenkov. “As businesses grow, they need the freedom to scale across any provider without limitations. We’re building the standards to make cloud-agnostic operations a reality.”

With fresh funding in the bank, emma is set to:

  • Accelerate product development—including AI-powered automation & enhanced security features
  • Expand into the US market to meet the surging demand for multicloud solutions
  • Build out its R&D centre in Luxembourg to fuel innovation

At RTP Global, we see massive potential in emma’s approach to simplifying cloud management.

“More businesses are turning to multicloud solutions than ever before,” says Jelmer de Jong, CTO at RTP Global. “emma’s holistic platform empowers customers to create a cloud environment that reflects their needs—without compromise.”

With industries like gaming, fintech, healthcare, and retail already embracing emma’s solution, this latest round will help scale the platform to even more businesses worldwide.

Watch this space – emma is just getting started.