eNovance

Open cloud computing software. Acquired by Red Hat.

Launch date

2008

Employees

Market cap

Enterprise valuation

€70m (Public information from Mar 2017)

Company register number 501847313

Paris Île-de-France (HQ)

http://enovance.com

https://twitter.com/enovance https://www.facebook.com/pages/enovance/131771443550980

Revenues, earnings & profits over time

EUR	2015	2016	2017	2018	2019	2020	2021
Revenues	14.5m	14.5m	10.5m	9.7m	9.1m	3.8m	5.3m
% growth	-	-	(28 %)	(8 %)	(5 %)	(58 %)	38 %
EBITDA	3.4m	1.6m	1.4m	1.0m	<1m	<1m	<1m
% EBITDA margin	24 %	11 %	13 %	11 %	2 %	7 %	4 %
Profit	2.9m	2.9m	1.7m	1.6m	1.1m	<1m	<1m
% profit margin	20 %	20 %	16 %	17 %	12 %	12 %	6 %

Date	Investors	Amount	Round
-	Entrepreneur Venture	N/A	-
Nov 2011	Odyssée Venture	€800k	Series A
Jul 2013	Bpifrance BNP Paribas Entrepreneur Invest Odyssée Venture	€6.0m	Debt
Jun 2014	Red Hat	€70.0m Valuation: €70.0m	Acquisition
Total Funding		€800k