The technology company Jotelulu, specializing in cloud services for small and medium-sized enterprises (SMEs), has successfully completed a funding round of 6.8 million euros, led by the venture capital fund Kibo Ventures. Other investors already linked to the company, such as Adara Ventures, Bankinter, G2A, and Big Sur Ventures, also participated in the round.
This capital injection will allow Jotelulu to expand its presence in Europe, where it already operates in markets such as Spain, Portugal, and France, and to explore opportunities in Latin America, a region with great potential for the adoption of cloud services.
Cloud Solutions for a Strategic Segment
Founded by entrepreneur David Amorín, Jotelulu has designed a platform that simplifies the sale and management of cloud services, aimed particularly at SMEs. This approach has enabled it to position itself as a competitive alternative to tech giants like AWS (Amazon Web Services), Microsoft Azure, and Google Cloud, with a proposal that specifically addresses the needs and limitations of this business segment.
The platform not only facilitates the adoption of cloud solutions by SMEs, but also allows IT companies to become service providers under their own brand. This represents a key advantage for small IT integrators, who can centrally manage technical, commercial, and administrative processes thanks to Jotelulu.
Currently, the company works with more than 1,000 partners in the IT sector, who offer their services to SMEs in the markets where Jotelulu is present.
A Model Based on Proximity and Flexibility
Jotelulu stands out for its focus on proximity and understanding of the local market, key factors for connecting with the real needs of SMEs. Unlike other large cloud service providers, Jotelulu prioritizes easy-to-implement tools tailored to the day-to-day operations of these businesses. The platform also includes features to integrate advanced solutions, such as artificial intelligence (AI) tools, designed to facilitate the technological modernization of SMEs.
International Expansion and Consolidation in Europe
The recent funding round not only strengthens Jotelulu’s business model but also opens new doors for its expansion. According to company sources, part of the funds will be allocated to consolidating its presence in Europe by enhancing support and tools for its local partners. Additionally, Latin America appears as a strategic destination, where the need for digitalization among SMEs offers a growing market for accessible and customized cloud services.
Competition and Future in the Cloud Market
The cloud services sector has experienced exponential growth in recent years, driven by accelerated digital transformation across all sectors. In this context, Jotelulu positions itself as an option that combines advanced technology with a simplified experience for users and providers.
The platform’s ability to convert small IT companies into relevant players in the cloud ecosystem could be a determining factor for its future growth. With this model, Jotelulu not only expands access to the cloud for SMEs but also creates new business opportunities for the IT sector, aligning with global trends toward digitalization and innovation.
This financial backing, along with its differentiated model, positions Jotelulu as a key player in the technology landscape, ready to lead the transition to the cloud for SMEs in Spain, Europe, and soon, Latin America.