# WootCloud

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

- Industry: Software
- Headquarters: San Jose, US
- Website: www.wootcloud.com
- Total disclosed funding: $2.8M
- Latest round: Seed (Aug 31, 2017)
- Investors on record: 2

## About

WootCloud Inc. offers innovative digital solutions to enhance online presence and operational efficiency, focusing on web hosting, domain registration, and content management for small to medium-sized enterprises.WootCloud Inc. specializes in providing digital solutions, founded in 2016 in San Jose, US. The company has completed three deals, with the most recent on June 1, 2022. WootCloud was recently acquired by Netskope, Inc., a strategic move to bolster IoT device protection for their customers. The founder's background is not publicly detailed, and there is no mention of previous companies. The company has raised a total of USD 3.60 mn through a GROWTH round led by Clear Ventures, alongside investors Healthy Ventures and Nexus Venture Partners.WootCloud Inc. provides a suite of digital solutions that enhance operational efficiency for businesses, including web hosting services, domain registration, and content management systems. These offerings are tailored to meet the needs of small to medium-sized enterprises, focusing on reliable website management and robust support. The company's diverse clientele ranges from startups to eCommerce businesses and professional service providers across North America and Europe, addressing common pain points like website uptime and digital marketing integration.The company generates revenue primarily through subscription-based models, allowing clients to pay recurring fees for various hosting packages and additional services. This model fosters long-term relationships with clients who benefit from continuous support and service upgrades. Their pricing structure includes tiered plans that cater to varying customer budgets, from entry-level to enterprise solutions, ensuring alignment with operational goals.Following its acquisition by Netskope, Inc., WootCloud Inc. aims to enhance its product offerings, particularly in protecting IoT devices on networks. The recent funding will support the development of new solutions and expansion into new markets. While specific new products and their release dates are not disclosed, the company's strategy will leverage the acquired resources to target further growth in the North American and European markets.

## Funding rounds

- Seed, Aug 31, 2017, $2.8M — Nexus Venture Partners, Clear Ventures

## Investors

- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Seed
- Clear Ventures (https://capitalatlas.ai/funds/clear-ventures) — Seed
