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Blume Ventures and Freeman Murray funds E2E
By siliconindia
Faridabad: E2E Network, Faridabad based cloud computing firm, has raised a first round of angel investment from angel investors Blume Ventures and Freeman Murray.
Tarun Dua, Founder of E2E Network said, the funding is in the form of preference shares and convertible debt and will be used for further development of E2E's technology and R&D functions. It currently has cloud and dedicated hosting facilities in three data centres in Delhi and Mumbai, and will be establishing three more in Hyderabad, Pune and Chennai by next year.
E2E , founded in 2002 as a hosting/datacenter consulting company reinvented itself in 2008 as a cloud computing firm. At the startup juncture, E2E was involved in selling shared hosting services in U.S.A. But it reinvented itself in 2008 with the goal of providing strategy and expertise for implementing the most suitable cloud architecture based on public, private or hybrid cloud platforms for the web facing or enterprise applications.
Their customers embrace Internet-based start-ups such as group buying site Groupon India, online restaurant listings site Zomato.com, Tehelka.com, Tribal Fusion, Gadgets.in, as well as auto portals Cardekho.com and Gaadi.com, and new media sites VCCircle.com, Medianama.com and Pluggd.in. And to further expand this cluster of customers, they have raised fund from two Venture Capitalist Angels.
Blume Venture, Founded by two Mumbai Angels members, Karthik Reddy and Sanjay Nath, invests between 
50 lakh to 8 Cr in start-ups. They either in their personal capacity or as a member of Mumbai Angels network, have invested in several companies extending from mobile TV provider, vocational training, mobile application provider, mobile advertising firm, CRO firm, dairy firm, imaging technology firm, hospital management solutions provider to online travel agency.
Freeman Murray is community project Jaaga.in, which offers facilities to young tech start-ups in India. He has also partnered with CIIE (Centre for Innovation, Incubation & Entrepreneurship) at IIM Ahmadabad to run the iAccelerator.org program.
50 lakh to 8 Cr in start-ups. They either in their personal capacity or as a member of Mumbai Angels network, have invested in several companies extending from mobile TV provider, vocational training, mobile application provider, mobile advertising firm, CRO firm, dairy firm, imaging technology firm, hospital management solutions provider to online travel agency.
Freeman Murray is community project Jaaga.in, which offers facilities to young tech start-ups in India. He has also partnered with CIIE (Centre for Innovation, Incubation & Entrepreneurship) at IIM Ahmadabad to run the iAccelerator.org program.