Cloud Office Secures €2 Million to Fuel Expansion and Solidify EMEA Leadership
Cloud Office x Eleven Ventures
Cloud Office raises a €2 million investment from Eleven Ventures, a leading venture capital fund in Central and Eastern Europe. This funding will accelerate our expansion into Greece, where we're establishing a local office and team to meet the surging demand for advanced cloud and AI solutions. While we already serve a number of major Greek businesses, we're officially kicking off this new chapter at Google Cloud Day Athens on November 21st.
Our co-founder, Ivo Zimbilev, comments, "This investment unlocks exciting new opportunities for us. We're thrilled to partner with Eleven Ventures as we continue to grow and help our customers navigate the challenges of this new world. This is a significant step forward in our mission to become the leading Google Cloud Partner in EMEA."
"We were incredibly impressed by Cloud Office's scale and potential," says Svetlozar Georgiev of Eleven Ventures. "Their business model, deep AI expertise, and commitment to customer success make them a truly valuable partner."
Why is Cloud Office expanding to Greece?
The cloud services market is experiencing explosive growth, driven by the rise of AI and automation. Businesses everywhere are looking for expert guidance to navigate this new landscape, and that's where we come in. Cloud Office helps businesses digitize their processes, increase revenue, control costs, and stay competitive.
What makes Cloud Office different?
Our success stems from our incredible team and unwavering commitment to customer satisfaction. Founded in 2019 by a group of experienced tech professionals, Dimitar Pavlov, Chavdar Trendafilov, Dimitar Chakarov, Ivo Zimbilev, Georgi Gocev and Ivan Dobrinov, Cloud Office is built on a foundation of deep expertise and a passion for helping businesses succeed. As a founder-led company, we're laser-focused on delivering quality and speed in everything we do.
We specialize in complex projects for demanding customers, particularly those with mission-critical processes that require high-level technical innovation and flawless execution.
"From our very first Google Workspace migration for a small accounting firm to our work with today's leading enterprises, we've maintained a customer-first culture," says one of the co-founders, Dimitar Pavlov. "It's this dedication that led us to be named Google Cloud Partner of the Year 2024 for EMEA in the Expansion category and why referrals are one of our biggest sources of new business."
What's next for Cloud Office?
This €2 million investment will help us:
Establish a strong presence in Greece where we're building a dedicated local team led by Konstantinos Kalogerakis, Country Head, to serve our growing Greek customer base.
Solidify our position as a leading Google Cloud Partner in EMEA as we're committed to bringing our award-winning expertise and customer-centric approach to businesses across the region.
We're excited about this new chapter in our journey. Stay tuned for more updates as we continue to expand and innovate!
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