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 the different business units of Telefónica, the company said.
One of the main objectives of Wayra is to invest in tech startups that can build up business with Telefónica and, thus, be able to scale by contributing with its technological solutions to a network of more than 350 million customers that the group has throughout the world.
The investment in Abiquo will help boost this new service, already available in Spain, that will be extended to the rest of Telefónica´s operations in Latin America later this year. Initially, the service will provide access to Amazon Web Services (AWS), Microsoft Azure and Telefónica´s VDC service, bringing the opportunity to add other services of value, include private clouds and manage other hyperscale clouds, such as Google Cloud Platform, which has recently been added to the Telefónica Public Cloud service catalog.
Founded in 2006 with headquarters in London and offices in Europe, Abiquo is a developer of Hybrid Cloud management solutions.
Abiquo delivers cloud orchestration software for cloud service providers; Abiquo multicloud platform allows customers to quickly build and monetise cloud services, whilst managing hybrid, private or public cloud infrastructure from one intuitive portal.
Abiquo serves the complex needs of enterprises and service providers as they advance their virtualization implementations into cloud services, adding value through greater efficiency, visibility, simplicity and control.
Wayra is Telefónica´s most global, technological 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 participating in Telefónica´s Open Innovation program are still active and more than 100 startups are doing business with the company.
Telefonica Business Solutions is a provider of a wide range of comprehensive communication solutions for the B2B market and globally manages the businesses of Organizations (Large companies and SMEs), MNC (Multinational Corporations), Wholesale (fixed and mobile operators, ISPs and content providers) and roaming business within the Telefónica Group.
Nauta Capital is a pan-European Venture Capital firm investing in early stage technology companies, with offices in London, Barcelona and Munich.