Bengaluru-based start-up, Facests.cloud has raised $4 million in a seed funding round led by 3one4 Capital. It streamlines cloud deployment processes into one generative internal platform to help developers.
Investors such as 10ox Entrepreneurs, Abhinav Asthana, Pallav Nadhani, Aneesh Reddy, and Krishna Mehra among others participated in the round. The company will use this capital infusion to expand its operations in the markets of the US.
Reacting to the funding round, Pravanjan Choudhury, the founder and CEO of Facets.cloud said, “Cloud delivery of products is an incidental complexity that businesses have to deal with, while their core innovation area is different. Anything that’s not core to your business and taking away your Developers’ time is noise and needs to be productised.”
Founded in 2021 by Anshul Sao, Pravanjan Choudhury, and Rohit Raveendran, alumni of the IIT Kharagpur are former senior executives of international SaaS technology company, Capillary Technologies. The company's product is currently used by companies like MPL, Treebo, Capillary Technology, and Purplle, among others.
The company is aiming to expand its operations and enhance product supply in the markets of the US. the target has been set to make 50 per cent of its revenues by 2023, as informed by the top executive of the company to ET.