Strong Network, a Vaud, Switzerland-based B2B SaaS startup, raised EUR5.1 million in a funding round led by OpenOcean and joined by Wingman Ventures.
The company intends to use the funds to roll out its SaaS product and develop its sales teams across the globe.
Company: Strong Network Inc.
Funding Month: June 2022
Lead Investors: OpenOcean
Additional Investors: Wingman Ventures
Company Website: https://strong.network/
Software Category: Cloud IDE Management platform
About the Company: Co-founded in 2020 by Dr. Laurent Balmelli and Ozrenko Dragic, Strong Network has built a Virtual Workspace Infrastructure, a Cloud IDE management platform, to accelerate code development using Cloud IDEs, software containers, and secure web browsing so that organizations can empower developers to work from anywhere while keeping their source code, data, and credentials secure. The platform enables companies to protect against the threat of source code, data, and credential theft, and improve the efficiency of IT infrastructure processes leading to cost reduction. In the enterprise version, the platform can be installed on-premise or in the company’s private cloud. A public SaaS is also available for smaller companies and startups.