Erply, a business software firm, has raised $2 million in funding from Redpoint and Index Ventures, along with Marten Mickos, Zack Urlocker (both formerly of MySQL), Kenny van Zant(SolarWinds), Aydin Senkut, David McClure and the Accelerator Group.
The company, founded by Kristian Hiiemaa in Estonia, is a 2009 Seedcamp winner and is already profitable. Its client base is growing roughly 20% each month, according to Hiiemaa. They currently have 2,000 business customers and 8,000 users.
Seedcamp is a UK based incubator program cofounded by Saul Klein. This is the first Seedcamp winner to get funded by Index Ventures, where Klein is a partner.
“We think Erply can do for business software what Skype did for telecom,” Klein told us. Skype, like Erply, was developed in Estonia before being sold to eBay in 2005 with a $2.75 billion valuation. Klein is hoping that Erply follows a similarly disruptive path, by making traditionally expensive business applications more affordable for smaller companies.