The Ukrainian-founded cloud service, Deskree, has attracted $1.5M in investments.

Thursday, September 21, 2023
The Ukrainian-founded cloud service, Deskree, has attracted $1.5M in investments.

According to Siliconcanals, Toronto-based Deskree helps developers build backend infrastructure without a single line of code. Forum Ventures, Hustle Fund, N49P, Flair Ventures, ZAKA VC, League of Innovators, Flyer One Ventures, AAl VC, and Vesna Capital participated in the funding round.

According to Deskree, it will use the capital to attract more users worldwide, develop new products, and partner with more cloud providers over the next 12 months, including Amazon Web Services and Microsoft Azure.

On average, 20 weeks and $100,000 are spent on building the backend infrastructure of a new project. In 2021, Ukrainian Dmytro Grechko wanted to solve this problem. As part of his IT company, Deskree Studio, he started an internal startup that aimed to optimize the construction of backend infrastructure for clients. Deskree increased number of users from 300 to 10,000 in one year.

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