What is Cozy Cloud?
Cozy Cloud, rebranded as Twake, is an open-source collaborative platform focused on providing secure file sharing and messaging for modern teams. The company emphasizes user privacy and data protection, with all data hosted in France and adherence to GDPR regulations. Twake offers a freemium model, with paid options for expanded storage and features, targeting professionals and organizations seeking a secure, privacy-conscious alternative to mainstream cloud services.
How much funding has Cozy Cloud raised?
Cozy Cloud has raised a total of $1.1M across 1 funding round:
Angel/Seed
$1.1M
Angel/Seed (2014): $1.1M with participation from Seed4Soft and Innovacom
Key Investors in Cozy Cloud
Seed4Soft
Seed4Soft is an investor group that offers seed-stage financing and mentoring opportunities to companies based in the software industry. Founded in 2011, the group is based in Paris, France.
Innovacom
Innovacom is a venture capital firm that has invested close to one billion euros since 1988, supporting over 300 digital startups. They specialize in high-potential companies across diverse sectors and have a strong track record of IPOs and industrial disposals.
What's next for Cozy Cloud?
The substantial enterprise-level funding indicates a strategic push for scaling Twake's operations and expanding its market reach. Future developments will likely focus on enhancing platform capabilities, increasing user adoption, and potentially exploring new enterprise solutions. This capital infusion is poised to accelerate Twake's growth trajectory and solidify its position as a key player in the secure, open-source collaboration space.
See full Cozy Cloud company page
