CloudBackend

Stockholm, Sweden Founded: 2018 • Age: 8 yrs
Multi-access edge computing is delivered for decentralized cloud infrastructure.

About CloudBackend

CloudBackend is a company based in Stockholm (Sweden) founded in 2018. CloudBackend has raised $820 thousand across 1 funding round from investors including Xcerion and Almi Invest. CloudBackend operates in a competitive market with competitors including Odoo, Progress, Kony, OutSystems and DigitalOcean, among others.

Key Metrics
  • Total Equity Funding
    $820K (USD)

    in 1 rounds

  • Latest Funding Round
    $820K (USD), Seed

    Jun 2018

  • Investors
    Xcerion

    & 1 more

Funding Insights of CloudBackend

CloudBackend has successfully raised a total of $820K through 1 strategic funding round. The most recent funding activity was a Seed round of $820 thousand completed in June 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $820,000
  • Total Rounds 1
  • Last Round Seed β€” $820,000
  • First Round $820,000

    (Jun 2018)

  • Investors Count 2

All 1 funding rounds of CloudBackend with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2018$820,000Seed–Almi Invest, Xcerion
–
Valuation history

2 investors in total: 2 institutional.

Investors in CloudBackend

CloudBackend has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Xcerion and Almi Invest.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Multiple sectors are invested in by corporate-backed Almi Invest.
–almi.se/Almi-Invest/Lund, Sweden
Cloud applications are developed for online productivity in Sweden.
2001xcerion.comLinkoping, Sweden
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Investor details for CloudBackend

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  • Round participation
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People of CloudBackend

8 people are tracked at CloudBackend (3 in leadership, 4 in board & advisors, 1 in team).

NameRoleGroup
Gustav Röken
Chief Financial OfficerLeadership
Jay Zimmermann
Director, R&DLeadership
Daniel Arthursson
CEO & FounderLeadership
Per Grosskopf
DirectorBoard & advisors
Kennet Rådne
DirectorBoard & advisors
Elis Nemes
DirectorBoard & advisors
Lars Höckenström
DirectorBoard & advisors
Andrew Foxcroft
EVP, Enterprise SalesTeam
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Complete people profiles for CloudBackend

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  • Full employee list
  • Team structure
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Timeline of CloudBackend

2 dated milestones of CloudBackend, from founding to its latest funding, stage changes and deals.

  1. Founded CloudBackend is founded.
  2. Funding First funding round of $820K.

Competitors of CloudBackend

CloudBackend operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Odoo, Progress, Kony, OutSystems and DigitalOcean, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
odoo.com2005Louvain-la-neuve, Belgium$482.62M1
Open-source business management software is developed with integrated modules.
progress.com1981Bedford, United States–450
IDE-based software is provided for application development and management.
kony.com2007Austin, United States$107.67M222
Cloud-based platform for field operations and digital banking is provided.
outsystems.com2001Linda A Velha, Portugal$802.95M–
Low-code platform enables application development and deployment without coding.
digitalocean.com2011New York, United States$173.73M591
Cloud based integrated application development platform
skytap.com2006Seattle, United States$127.51M138
Cloud-based environments are delivered for application development and testing.
carto.com2012New York, United States$123M–
Cloud based integrated solutons for software development
skuid.com2013Chattanooga, United States$29M114
Codeless platform for application development and data integration is provided.
platform.sh2010Paris, France$187.3M–
Continuous deployment platform for cloud-based web applications is provided.
temporal.io2019Seattle, United States$349.5M51
Integrated platform for cloud application development and orchestration is provided.
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Detailed competitors of CloudBackend

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Cloudbackend

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Complete news archive for CloudBackend

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Similar companies to CloudBackend

10 companies that operate in the same segment as CloudBackend (PaaS & SaaS Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
A cloud-based database-as-a-service platform is provided for application development.
2007New York, New York, United StatesUSD 586.72 MUSD 2.46 B5,560
Cloud-based identity management solutions are provided for enterprises.
2002Denver, Colorado, United StatesUSD 136.89 MUSD 36.94 M821
Cloud-based software for continuous application development and deployment.
2013San Francisco, California, United StatesUSD 202.25 M––
Cloud based integrated application development platform
2011New York, New York, United StatesUSD 173.73 MUSD 901.43 M1,210
Identity and access management solutions are provided for developers.
2013Bellevue, Washington, United StatesUSD 332.75 M––
AI-powered database service is provided for enterprise data management.
2009Mountain View, California, United StatesUSD 251 MUSD 209.47 M792
Cloud based database platform for enterprises
2010Santa Clara, California, United StatesUSD 305 M–422
Saas based provider of integrated platform as a service solutions
2007San Francisco, California, United StatesUSD 17 M––
Cloud based open-source application backend development platform
2020Singapore, SingaporeUSD 1.15 B––
Open-source business management software is developed with integrated modules.
2005Louvain-la-neuve, Walloon Brabant, BelgiumUSD 482.62 M––
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Frequently Asked Questions about CloudBackend

CloudBackend was founded in 2018.

CloudBackend is headquartered in Stockholm, Sweden.

CloudBackend is a funded company, having raised a total of $820K across 1 funding round to date. The company's 1st funding round was a Seed of $820K, raised on Jun 2018.

CloudBackend was founded in 2018 in Stockholm, Sweden, within the cloud computing sector. Decentralized infrastructure is provided for telecom, IoT, automation, and developers through a platform that integrates cloud and serverless computing. Code execution at the edge is enabled to support efficient operations across these areas, with services focused on multi-access edge solutions for various applications.

CloudBackend's top competitors include DigitalOcean, Odoo and OutSystems.

CloudBackend has 2 investors. Key investors include Xcerion, and Almi Invest.

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