# CloudCrowd

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cloudcrowd

- Industry: Business Support Services
- Headquarters: San Francisco, US
- Website: www.cloudcrowd.com
- Total disclosed funding: $5.1M
- Latest round: Series B (Aug 17, 2010)
- Investors on record: 1

## About

CloudCrowd offers an innovative suite of cloud-based solutions designed to enhance productivity and streamline collaboration for businesses. Their tools cater to diverse sectors, promoting efficiency and effective task management.CloudCrowd is a company that specializes in cloud-based solutions for business productivity. Founded in 2009 in San Francisco, US, the company raised USD 5.1 mn in Series B funding on August 17, 2010, led by Draper Fisher Jurvetson, with participation from co-founder Johan van der Merwe. This marks the company's only deal to date. Johan van der Merwe has a background that includes founding previous ventures, although specific details of these are not available.CloudCrowd.com specializes in providing a comprehensive suite of cloud-based solutions aimed at enhancing productivity and collaboration for businesses of various sizes. Their core product offerings include advanced project management tools, collaborative workspaces, and automated workflow systems designed to streamline operations and improve efficiency. These solutions are tailored to meet the needs of diverse sectors, enabling organizations to effectively manage tasks, track progress, and facilitate communication among team members. Released to cater to evolving market demands, these products have garnered a wide range of clients, including small to medium-sized enterprises (SMEs) and large corporations. CloudCrowd operates across multiple geographical markets, including North America, Europe, and parts of Asia, ensuring that a global clientele can leverage their innovative solutions for improved business performance.CloudCrowd.com generates revenue primarily through subscription-based models, allowing clients to access its suite of products and services with various pricing tiers tailored to different organizational needs. Customers can engage in direct transactions that include monthly or annual subscriptions, which provide access to their project management and collaboration tools. The transaction structure typically involves an upfront payment for software licenses, with additional fees for premium features or add-ons, ensuring that clients can customize their experience according to their specific requirements. The flagship products, which focus on enhancing operational efficiency and team collaboration, are integral to the company's revenue stream, contributing significantly to its financial stability through ongoing subscriptions and renewals from both B2B clients and direct consumers.CloudCrowd plans to utilize the recent Series B funding of USD 5.1 mn, raised on August 17, 2010, to expand its product line and enhance its current offerings. The company aims to introduce new features focused on artificial intelligence and machine learning to improve user experience by the end of 2011. Additionally, CloudCrowd is targeting geographical expansion into the Asia-Pacific region, with strategic plans to enter this market by 2012, further broadening its client base and enhancing its global presence.

## Funding rounds

- Series B, Aug 17, 2010, $5.1M — Draper Fisher Jurvetson

## Investors

- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series B