TurboHeads received $750K from Softline Venture Partners and ActiveCloud

TurboHeads received $750K from Softline Venture Partners and ActiveCloudThe venture Fund “Softline Venture Partners” invests in the Belorussian team of developers “Turboheads”. The aim of cooperation is development of cloud products line for small and medium business. Co-investors of the project “TurboHeads” also includes the company “ActiveCloud” – one of the largest in Russia and CIS countries providers of public cloud services.

Starting investments in the “Turboheads” will comprise $750K, which will be directed on establishment of a development center of cloud products for small and medium business based on the “TurboHeads” team. It is supposed to launch 3-10 cloud applications per year. Thus the “TurboHeads” will enter the growing market, capacity of which by 2016 only in Russia will achieve 19B RUB.

The first product of the incubator will become a new age of a platform “Assistant”. Its release is planned to start in the beginning of December this year. The platform will allow small companies using firm product of the “TurboHeads” (Accountancy, document control, disk), and also integrating products of the third developers in the platform with API assistance. Thus, the “Assistant” becomes for entrepreneurs the only one access point for all variety of cloud services, which the market offers. Services of the platform “Assistant” will be purchased both directly, and provided by the model “White Label”, where the sales channel will become “ActiveCloud”, “Softline” and a network of companies-partners.

“Mass production of cloud services is reasonable only in availability of sales channels for SaaS products. The “Softline” and “ActiveCloud” give us access to these channels, and also to the best practices of marketing and sales”, - says Aleksey Kurets, director general of the “TurboHeads”. – All this allow the Startup with qualitative product from the very beginning following the global market, where the “Softline” and “ActiveCloud” have stable positions”.

“The “TurboHeads” teams has already approved itself as ambitious and hardworking, which is able to create products and scale business, - notes Oleg Tyagunov, director general of the “ActiveCloud”. – The project has great perspectives, and the “ActiveCloud” as investor has a great chance to assist its development”.