# Cloudike

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

- Industry: Software
- Headquarters: San Jose, US
- Website: www.cloudike.com
- Total disclosed funding: $0.9M
- Latest round: Seed (Jul 10, 2014)
- Investors on record: 3

## About

Cloudike provides personalized cloud storage solutions tailored for mobile carriers and OEMs, enhancing customer retention and increasing average revenue per user (ARPU) through self-service applications that facilitate billing via phone balance.Cloudike specializes in white-label personal cloud storage solutions. Founded by Sun Lee, the company has not undergone any notable pivots and operates from San Jose, US. Cloudike raised USD 0.95 mn in a Seed round on July 10, 2014, led by BonAngels Venture Partners, with additional investments from Coolidge Corner Investment and The Ventures. This funding is the total amount raised to date.Cloudike specializes in providing white-label personal cloud storage solutions for mobile carriers and original equipment manufacturers (OEMs). Their service empowers clients to offer seamless cloud storage to subscribers, effectively enhancing customer retention and increasing average revenue per user (ARPU). The solution includes adaptable package sizes for diverse marketing strategies and allows users to activate personal cloud storage via a self-service application, utilizing their phone balance for billing. Cloudike caters to markets such as the United States and South Korea, enabling billions of end-users to securely store and share personal data in the cloud.Cloudike's revenue model is based on partnerships with mobile carriers and OEMs that offer its personal cloud storage services as a value-added service (VAS) to subscribers. The pricing strategy includes competitive rates that are up to 50% lower than major over-the-top (OTT) cloud services, which appeals to consumers seeking cost-effective solutions. Revenue is generated through subscription fees, with options for bundling the personal cloud service with existing mobile plans or offering it as a standalone service, facilitated through integrated billing systems for seamless user activation and payment processes.In July 2014, Cloudike secured USD 0.95 mn in Seed financing, led by BonAngels Venture Partners. Moving forward, Cloudike is focused on developing new products to enhance its service offerings and plans to expand into additional markets beyond the US and South Korea. The funding will support these initiatives, allowing for investment in product innovation and market entry strategies.

## Funding rounds

- Seed, Jul 10, 2014, $0.9M — BonAngels Venture Partners, Coolidge Corner Investment, The Ventures

## Investors

- BonAngels Venture Partners (https://capitalatlas.ai/funds/bonangels-venture-partners) — Seed
- Coolidge Corner Investment (https://capitalatlas.ai/funds/coolidge-corner-investment) — Seed
- The Ventures (https://capitalatlas.ai/funds/the-ventures) — Seed