Caixa Capital Risc, a new shareholder in Summus Render
This operation will boost the development of Simple Animation, a 100%virtual studio platform cloud-based to provide the whole cycle of the animation production process in a decentralized way and without having to assume fixed costs on the part of the customer.
The venture capital company Caixa Capital Risc, has closed the entry into the capital stock of SummuS Render. This operation is in addition to the one made last year by the Inveready fund and the contribution of public funds from the CDTI (Centro para el Desarrollo Tecnológico Industrial) and the Ministry of Economy.
The company’s business plan and investments are aimed at consolidating its leadership in the domestic market, as well as expansion in international markets where it will compete with other international platforms such as Google, Microsoft Azure or Amazon.
This operation will empower the development of the first 100% cloud-based virtual studio platform to provide the whole cycle of the animation production process in a decentralized way and without having to assume fixed costs on the part of the customer. The development of this platform and the big growth of SummuS Render for last two years, along with the support of its financial partners, are keys in the new company’s growth plan.