Hungarian corporate venture capital investor Docler Investments has concluded an agreement to provide a €1 million mezzanine finance facility to CE On-Demand, the fast-growing cloud delivery company based in Budapest.

CE On-Demand has recently been cited among the seven leading cloud enablers for telecom operators worldwide by industry research firm Informa Telecoms & Media. The company creates cloud providers by assisting Telcos, Systems Integrators and direct end customers to realize and implement their cloud strategies.

“Docler Investments has been looking for innovative businesses with considerable growth potential and international track record. CE On-Demand proved to possess all of these qualities and a valid business plan for the future. This financing commitment is the first step towards a long-term relationship with this extraordinary company.” – said Zoltán Bernáth, managing director of Docler Investments Ltd.

Since its inception in 2008, CE On-Demand has supported over 25 partners, primarily Tier 1 telecommunication service providers, in deploying their cloud strategy. The Company’s footprint spans 15 countries and is growing fast. Docler Investments, a member of Docler Group, provides a mezzanine facility to CE On-Demand to finance the company’s services portfolio development and for further geographical expansions.