CloudFrame
Latest round
- Series A
Last raised
- Mar 2022
Total raised
- $8.5M
Investors
- 2
About CloudFrame
CloudFrame, Inc.Founded in 2015 in New York, US, CloudFrame, Inc. focuses on the modernization of legacy mainframe applications. Venkat Pillay, the founder and CEO, has a history of leading technology initiatives.CloudFrame specializes in modernizing legacy mainframe applications through its flagship product, CodeNavigator. This innovative platform facilitates the transformation of COBOL code into clean, object-oriented Java, leveraging Agentic AI to ensure accuracy and maintainability. Key features of CodeNavigator include a self-guided, fully automated approach that eliminates the need for extensive consulting, and guarantees 100% functional equivalence and numeric precision from the outset. The service primarily targets Fortune 100 companies across various industries such as finance, insurance, telecommunications, energy, and retail, addressing challenges related to rising mainframe expenses, licensing fees, and the aging workforce specializing in legacy systems.CloudFrame generates revenue through a subscription-based model centered around its CodeNavigator platform, which is utilized by large enterprises for mainframe modernization projects. Clients engage in contracts that provide access to the software and associated services, facilitating seamless transformation of legacy applications. The company’s transactions often involve B2B arrangements, where large organizations subscribe to its services to optimize their IT infrastructure. The pricing structure is designed to reflect the complexity and scale of each engagement, ensuring that organizations receive tailored solutions that meet their specific needs.CloudFrame plans to expand its offerings with enhanced features for its CodeNavigator platform, targeting a launch by the end of 2024. The company aims to penetrate emerging markets in Asia and Europe, with specific investments in localized support by mid-2025.
Who invested in CloudFrame
2 investors across 2 rounds
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Questions about CloudFrame
Who invested in CloudFrame?
CloudFrame has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has CloudFrame raised?
CloudFrame has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did CloudFrame last raise money?
CloudFrame's most recent round on record is a Series A, in Mar 2022.
What does CloudFrame do?
CloudFrame is a software company.
Where is CloudFrame headquartered?
CloudFrame is headquartered in New York, US.
Which VCs invest in companies like CloudFrame?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at CloudFrame's stage. Their profiles are linked below.
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