ActiveEon, a spin-out of the French Institute for Research in Computer Science and Automation, has secured €800,000 ($1.06m). Investors include Paca Investissement, a regional co-investment fund, Nestadio Capital, Kima Ventures and accelerator BA06.
The company was spun out of the institute, which is also known as Inria, in 2007. It offers a B2B service which accelerates company’s softwares by tapping into grid computing and cloud computing.
The technology was developed in conjunction with researchers at the National Centre for Scientific Research, Nice Sophia Antipolis University and I3S, an IT, signals and systems laboratory affiliated with the latter university.
Inrias is one of France’s eight public scientific and technical research establishments. It counts 1,300 researchers, 1,000 doctoral candidates and 500 postdoctorates.
Bertrand Bégin, chief executive at Nestadio Capital, said: “A real technological advance in future sectors such as the cloud and the grid, a product that can be quickly marketed internationally, ActiveEon is the typical startup that Nestadio Capital supports through its Nestadio Tech Fund FCPI.”
