Scaleflex to raise €2.5M from BrightCap Ventures, Oktogon Ventures, and John Marshall

Scaleflex, a Paris, France-based software company developing B2B Digital Asset Management and Media Optimization solutions, announced completing a €2.5M ($3M) capital funding round.

The money was raised from investors including the Bulgarian venture capital fund BrightCap Ventures, Budapest-based Oktogon Ventures, and John Marshall, founder of AirWatch and Co-Chairman at OneTrust, Inc

Scaleflex, founded in 2016 by Charles Hirel, Emil Novakov and Julian De Maestri, developed a Digital Asset Management (DAM) and Media Acceleration solutions - helping load, store, organize, optimize, publish and accelerate all media assets (images, videos, static files such as JS and CSS files, etc.) for website or mobile application acceleration.

The company says it has more than 500 clients from various industries such as E-commerce, Real-Estate, Automotive and News and Media from 50+ countries including Michelin, Toom, Printemps, WhiteStuff, SeLoger, Yuka and Sotheby's Realty.

Scaleflex previously raised €200K from BrightCap Venture in 2019.