# Simplyblock

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/simplyblock

- Industry: Software
- Headquarters: Teltow, Germany
- Website: www.simplyblock.io/
- Total disclosed funding: $2.7M
- Latest round: Seed (Dec 11, 2023)
- Investors on record: 2

## About

Based in Teltow, Germany, and founded in 2022, Simplyblock GmbH operates as a company specializing in providing storage solutions tailored for cloud-native environments, particularly focused on Kubernetes deployments. In February 2024, Simplyblock GmbH raised EUR 2.5 million in seed funding led by 42CAP, with participation from other new investors Antler and Begin Capital.

Simplyblock's flagship product is an Elastic Block Storage solution designed specifically for Amazon EKS deployments. The key features of the company's solution include integration into Kubernetes through StorageClass (CSI), dynamic scaling of storage resources according to workload requirements, predictable low-latency access to data with advanced features such as erasure coding, instant snapshots, and replication, and autonomous management capabilities for volume provisioning and rebalancing.

Simplyblock generates revenue primarily through the sale of its Elastic Block Storage solution and associated services.

The company plans to use the seed funding to increase the size of its engineering staff and release the product to the broader public later this year.

## Funding rounds

- Seed, Dec 11, 2023, $2.7M — 42Cap, Antler

## Investors

- 42Cap (https://capitalatlas.ai/funds/42cap) — Seed
- Antler (https://capitalatlas.ai/funds/antler) — Seed