Zimory, a Germany-based provider of cloud management software, has raised $20m in funding led by new investor, Germany-based stock exchange Deutsche Börse, with participation from return backers T-Venture, the venture capital company of Deutsche Telekom, and financial investors High-Tech Gruenderfonds, IBB Beteiligungsgesellschaft and KFW.
In addition to Deutsche Börse’s investment, Zimory has been chosen as a strategic partner by Deutsche Börse Group to enable the settlement process for its new venture, the Deutsche Boerse Cloud Exchange, an exchange for cloud…