# CloudFX Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cloudfx-group

- Industry: Outsourcing
- Headquarters: Singapore, Singapore
- Website: www.cloudfx.com
- Total disclosed funding: $2.2M
- Latest round: Seed (Oct 23, 2013)
- Investors on record: 2

## About

CloudFX Group specializes in multi/hybrid-cloud management solutions, providing intelligent platforms that facilitate efficient cloud operations, governance, and analytics for enterprises.Founded in 2009 in Singapore, CloudFX Group focuses on delivering cloud management platforms. The company has raised a total of USD 2.17 mn through a SERIES A funding round in October 2013, with Cisco Investments as a notable investor. Founder Damian Crotty has a background in technology and entrepreneurship, though details on prior ventures are not specified.CloudFX specializes in multi/hybrid-cloud management platforms, with its core offering being the SinglePaneFX product suite, which is currently patent pending. Released in its 6th generation, SinglePaneFX is designed to deliver intelligent cloud management solutions that utilize predictive analytics to address key operational challenges such as complexity, cost, and governance in cloud environments. The platform provides comprehensive capabilities including automated discovery, lifecycle management, observability, cost analytics, and security monitoring, enabling enterprises to manage hybrid cloud services across various cloud providers efficiently. This product suite caters to a diverse client base across multiple verticals, focused on enhancing business resilience, agility, and user experience while minimizing risks and costs. CloudFX sells its products primarily to enterprises in North America, Europe, and Asia-Pacific markets, tapping into various sectors that require robust cloud management solutions.In 2023, CloudFX reported a revenue of USD 256,053.20, alongside an EBITDA of USD -61,801.40. Revenue is generated primarily through a subscription model for its suite of products, allowing clients access to continuous updates and support. The company engages in strategic partnerships to enhance service offerings and expand market reach, structuring transactions around annual or multi-year subscriptions based on client needs.CloudFX Group aims to enhance its product offerings with upcoming releases focused on advanced analytics and automation capabilities, although specific launch dates are not disclosed. The company plans to expand its market presence in Europe and Asia by 2025. Recent funding from Cisco Investments will be allocated to support product development initiatives and broaden market penetration efforts.

## Funding rounds

- Seed, Oct 23, 2013 — Intel Capital
- Series A, Mar 8, 2013, $2.2M — Cisco Investments

## Investors

- Cisco Investments (https://capitalatlas.ai/funds/cisco-investments) — Series A
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Seed