# CloudShare

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

- Industry: Business Support Services
- Headquarters: Covina, US
- Website: www.cloudshare.com
- Total disclosed funding: $20M
- Latest round: Series C (Jul 5, 2011)
- Investors on record: 4

## About

Based in the US, CloudShare Ltd. operates as a cloud-based platform that facilitates virtual training, demos, and proof of concepts (POCs) for diverse industries, enhancing user engagement through immersive experiences.CloudShare Ltd. is a cloud-based platform designed to support virtual training and demos. Founded in 2007 in Covina, US, the company has successfully raised a total of USD 10.00 mn through multiple funding rounds, with the latest being a Series C round amounting to USD 10.00 mn, involving investors such as CRV, Gemini Israel Ventures, Globespan Capital Partners, and Sequoia Capital. The company was founded by Zvi Guterman, who also serves as the CEO, bringing prior entrepreneurial experience to the venture.CloudShare offers a robust suite of products designed to facilitate virtual training, demos, and proof of concepts (POCs) through its cloud-based platform. The core offering includes the ability to create complex, customizable sandbox environments that replicate real-world scenarios for training and sales purposes, enhancing user engagement and retention. Key features encompass live scenario training to address cybersecurity threats, interactive replicas of software products to provide hands-on experiences, and AI-driven analytics to monitor user progress in real-time. The platform serves various sectors including technology, cybersecurity, and sales enablement, catering to a diverse client base that spans global markets such as North America, Europe, and Asia-Pacific. Customers range from large enterprises to training organizations, enabling users to deliver impactful virtual experiences efficiently.CloudShare generates revenue primarily through a subscription-based model, allowing clients to pay only for the virtual labs they utilize. This pricing structure ensures flexibility while accommodating varying training needs and usage volumes. The business transactions typically involve B2B engagements, where organizations subscribe to CloudShare’s services for their internal training programs or for client-based demos. Clients benefit from scalable training solutions, with pricing plans that align with the complexity and number of virtual environments required. Flagship offerings include the virtual training and sandbox environments, which are crucial for delivering effective demos and training sessions without the significant overhead of on-site setups. Through this model, CloudShare effectively addresses the needs of its users while maintaining a focus on cost-effectiveness and performance optimization.Looking ahead, CloudShare plans to enhance its product offerings by developing new features and tools aimed at expanding its virtual training capabilities. The company is targeting growth into new geographical markets, focusing on regions in Asia-Pacific and Europe within the next two years. The recent Series C funding round will be utilized to support these initiatives, particularly in scaling operations and enhancing product development. Additionally, it is noted that Globespan Capital Partners has divested its stake in CloudShare.

## Funding rounds

- Series C, Jul 5, 2011, $10M — CRV, Globespan Capital Partners, Hong Shan, Gemini Israel Ventures
- Series B, Dec 11, 2009, $10M — CRV, Hong Shan, Gemini Israel Ventures

## Investors

- CRV (https://capitalatlas.ai/funds/crv) — Series B, Series C
- Hong Shan — Series B, Series C
- Gemini Israel Ventures (https://capitalatlas.ai/funds/gemini-israel-ventures) — Series B, Series C
- Globespan Capital Partners (https://capitalatlas.ai/funds/globespan-capital-partners) — Series C