Cozy Cloud scores €4m round from Maif and Innovacom
Cloud storage company Cozy Cloud has secured a €4m financing round led by Maif and completed by existing backer Innovacom.
Maif provided three quarters of the round via its investment fund Maif Avenir, while Innovacom injected an extra €1m in the company, having already invested in 2014.
With this new funding round, the Parisian startup will aim to accelerate its commercial development, offering new products and reaching new customers.
Previous funding
In June 2014, Innovacom took part in a €1.1m round alongside business angel group Seed4Soft. The funding was used to add to the company's team and develop new products.
Company
Founded in Paris in 2012 and co-founded by CEO Benjamin Andre and CTO Frank Rousseau, Cozy Cloud is a cloud storage company integrating users' data across multiple applications of various types, such as emails, calendars, contacts, notes and picture sharing.
People
Innovacom – Jérôme Faul (partner).
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