Wayra Barcelona, Telefónica's open innovation hub, has signed an investment agreement with Abiquo to boost its business development with the group and integrate its value proposition into Telefónica's various business units. One of Wayra's main objectives is to invest in technology startups that can do business with Telefónica and, in this way, scale by contributing their technological solutions to the network of more than 350 million customers that the group has worldwide. The investment in Abiquo will help boost this new service, already available in Spain, which will be rolled out to the rest of the Latin American operators throughout the year. Initially, the service will provide access to Amazon Web Services, Microsoft Azure, and Telefónica's VDC service, with the opportunity to add other value-added services and include private clouds and other hyperscale clouds. Such is the case of Google Cloud Platform, recently added to Telefónica's catalog of public cloud services. Abiquo recently participated in the latest edition of Telefónica Business Development Day, which aims to bring together and connect startups invested in by Wayra Spain with different Telefónica business units. Additionally, joining Wayra will allow Abiquo to connect with all the startups invested in by the innovation hub and access Wayra's global network of 11 hubs in 10 countries. “With this new investment, Wayra continues its strategy of boosting the business development of its portfolio startups through Telefónica. Furthermore, the fact that Nauta Capital, a current investor in Abiquo, is contributing more financial support reinforces Wayra's commitment to fostering deal flow and co-investment,” explains Julián Vinué, director of Wayra Barcelona. “It is fantastic news to have Wayra and Telefónica as partners in Abiquo's future. The company has demonstrated clear leadership in the cloud management industry throughout its evolution to offer the best multi-cloud self-service proposition. Telefónica's support will be key to strengthening this position in a rapidly growing and consolidating market,” says Carles Ferrer, general partner of Wayra. href="http://nautacapital.com" id="">Nauta Capital.
“Our clients demand a complete multicloud offering that allows them to use the most suitable products and services from each cloud. That's why we selected Abiquo to deploy the Multicloud Portal, offer value-added capabilities, and manage the workload lifecycle, providing a differentiating value in companies' journey toward adopting public clouds,” explains Jose María Cuellar, Global Director of the Cloud unit at Telefónica.
About Abiquo
Founded in 2006 and headquartered in London with offices across Europe, Abiquo is a leading developer of hybrid cloud management solutions. Abiquo offers cloud orchestration software for cloud service providers; Our cloud management platform allows customers to quickly create and monetize cloud services, as well as manage hybrid, private, or public cloud infrastructure from an intuitive portal. Abiquo addresses the needs of businesses and service providers as they advance their cloud virtualization deployments, adding value through greater efficiency, visibility, simplicity, and control. About Wayra: Wayra is Telefónica's most global, technologically advanced, and connected open innovation hub in the world. Wayra operates through 11 hubs in 10 countries: Argentina, Brazil, Chile, Colombia, Germany, Mexico, Peru, Spain, the United Kingdom, and Venezuela. More than 500 of the startups that participated in Telefónica's Open Innovation program are still active, and more than 100 are doing business with the company.
About Telefónica Business Solutions
A leading provider of a wide range of comprehensive communication solutions for the B2B market, Telefónica globally manages the Enterprise (Large Enterprises and SMEs), MNC (Multinational Corporations), Wholesale (fixed and mobile operators, ISPs, and content providers), and roaming businesses within the Telefónica Group. Business Solutions has a comprehensive, innovative, and competitive portfolio for the B2B segment, which includes digital solutions (Big Data, Cloud, IoT, and Security) and telecommunications services (international voice services, IP, broadband capacity, satellite services, mobility, and comprehensive IT services, both fixed and mobile, as well as global solutions). Telefónica Business Solutions is a multicultural organization that carries out its professional activity in more than 40 countries and whose services currently reach more than 170 countries.