We are happy to lose the “Bootstrappers” tag to help us to acquire customers in a heavily competitive cloud market.
“It is really a rollercoaster ride and it was difficult to attract great talents as boots trappers, the fund will allow us to attract right talent in order to differentiate our offerings from the market and to build stronger ecosystem for our offerings,” said Madan Ganesh Velayudham, Founder of ActOnMagic.
The Bengaluru-based company’s main offering is ActOn-Cloud, a platform that enables companies to manage the infrastructure across multiple service providers.
Source: The Economic Times