Quality Clouds, a London, England-based development governance platform for ServiceNow and Salesforce, secured £3.5 million in funding managed by YFM Equity Partners (YFM). An additional £1.75m participation comes from incumbent shareholders, Adara Ventures, and new investors Aldea.
This investment will strengthen the company’s offering globally and increase Quality Clouds’ ability to help ServiceNow and Salesforce customers unlock the value of their investments. It follows strong growth in the USA, where 45% of Quality Clouds’ clients are based and a new team has recently been appointed.
Company: Quality Clouds Ltd.
Raised: £3.5M
Round: Unknown
Funding Month: May 2022
Lead Investors: YFM Equity Partners
Additional Investors: Adara Ventures and Aldea
Company Website: https://www.qualityclouds.com/
Software Category: SaaS governance
About the Company: Quality Clouds is the leading DevOps quality and governance solution for SaaS platforms at the forefront of workflow automation, including ServiceNow and Salesforce. Quality Clouds brings new levels of governance and control to traditional and low-code development – maximizing long-term platform returns for customers. Built as a continuous improvement tool for SaaS platforms, Quality Clouds help organizations achieve greater control of and visibility over their SaaS production and pre-production environments. Quality Clouds continuously analyses these SaaS platforms to inventory the current customizations, identify development that diverges from vendor coding best practices, and quantify the impact of real-time code development decisions on the long-term integrity, security, and upgradeability of the platform. Global leaders like BP, Barclays, Merck, Mayo Clinic, and Thermo Fisher rely on Quality Clouds to proactively and safely expand ServiceNow and Salesforce functionality at speed and scale.
Source: https://www.qualityclouds.com/qc-secures-investment-from-yfm-equity-partner/