CloudFactory

Raleigh, United States Founded: 2010 • Age: 16 yrs
Provider of AI aata platform solutions, empowering teams to deliver reliable and trustworthy AI models by combining technology and human talent to develop and deploy high-quality data at scale

About CloudFactory

CloudFactory is a company based in Raleigh (United States) founded in 2010 by Mark Sears.. CloudFactory has raised $78.1 million across 6 funding rounds from investors including FTV Capital, Weatherford Capital and Dolma Fund Management. CloudFactory has completed 3 acquisitions, including Hasty, Humanoid and SpeakerText. CloudFactory offers products and services including AI Data Platform, GenAI, and Model Oversight. CloudFactory operates in a competitive market with competitors including Databricks, Altair, Sisense, Dataiku and Anaconda, among others.

  • Headquarter Raleigh, United States
  • Founders Mark Sears
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cloudfactory Limited
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Technology → Cloud, Data & Analytics Infrastructure
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $78.1 M (USD)

    in 6 rounds

  • Latest Funding Round
    $65 M (USD), Series C

    Nov 20, 2019

  • Investors
    FTV Capital

    & 7 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Hasty

    & 2 more

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Products & Services of CloudFactory

CloudFactory offers a comprehensive portfolio of products and services, including AI Data Platform, GenAI, and Model Oversight. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for creating high-quality datasets to improve AI model accuracy.

Fine-tunes LLM performance through human feedback and evaluation.

Oversees AI models to ensure peak performance and reliability.

People of CloudFactory
Headcount 1000-5000
Employee Profiles 84
Board Members and Advisors 1
Employee Profiles
People
Craig Somers
VP Of Global IT & Information Security
People
Sophiya Dhungana
Project Manager
People
Owen Muchiri
Program Manager
People
Wambui Caroline Wanjiru
Service Delivery Project Lead

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Board Members and Advisors
people
Mark Sears
Founder & Executive Chairman

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Funding Insights of CloudFactory

CloudFactory has successfully raised a total of $78.1M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $65 million completed in November 2019. 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
  • Total Rounds 6
  • Last Round Series C — $65.0M
  • First Round

    (26 Sep 2012)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2019 Amount Series C - CloudFactory Valuation FTV Capital
May, 2017 Amount Series B - CloudFactory Valuation

investors

Feb, 2015 Amount Series A - CloudFactory Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CloudFactory

CloudFactory has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include FTV Capital, Weatherford Capital and Dolma Fund Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investment firm
Founded Year Domain Location
VC and PE investments are provided by family office-backed firm.
Founded Year Domain Location
Impact investments are managed by Dolma Fund Management.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CloudFactory

CloudFactory has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Hasty, Humanoid and SpeakerText. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Image annotation tools are offered for machine learning datasets.
2018
Crowdsourcing platform optimized by machine learning for task assignment.
2011
Artificial Intelligence and Human Intelligence Powered Video and Audio Transcription
0
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - CloudFactory

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cloudfactory Comparisons

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Competitors of CloudFactory

CloudFactory 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 Databricks, Altair, Sisense, Dataiku and Anaconda, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Data, analytics, and AI capabilities are unified in a platform.
domain founded_year HQ Location
AI-powered data science platform enables model deployment and analytics insights.
domain founded_year HQ Location
Business intelligence and data analysis solutions are provided for enterprises.
domain founded_year HQ Location
Platform offering AI and web-based data science platform
domain founded_year HQ Location
Platform for data science project development and deployment is provided.
domain founded_year HQ Location
Provider of an AI and cloud based data science platform
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cloudfactory

Frequently Asked Questions about CloudFactory

When was CloudFactory founded?

CloudFactory was founded in 2010 and raised its 1st funding round 2 years after it was founded.

Where is CloudFactory located?

CloudFactory is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.

Who is the current CEO of CloudFactory?

Kevin Johnston is the current CEO of CloudFactory.

Is CloudFactory a funded company?

CloudFactory is a funded company, having raised a total of $78.1M across 6 funding rounds to date. The company's 1st funding round was a Series A of $2M, raised on Sep 26, 2012.

What does CloudFactory do?

CloudFactory was founded in 2010 and is headquartered in Raleigh, United States. Operations focus on the AI sector, where data platform solutions are delivered to support the development and deployment of high-quality data at scale. Technology and human talent are integrated to enable teams in creating reliable AI models. Services encompass data annotation, validation, and management for various AI applications across global clients.

Who are the top competitors of CloudFactory?

CloudFactory's top competitors include Databricks, Altair and DataRobot.

What products or services does CloudFactory offer?

CloudFactory offers AI Data Platform, GenAI, and Model Oversight.

How many acquisitions has CloudFactory made?

CloudFactory has made 3 acquisitions, including Hasty, Humanoid, and SpeakerText.

Who are CloudFactory's investors?

CloudFactory has 8 investors. Key investors include FTV Capital, Weatherford Capital, Dolma Fund Management, TSEF, and The Rockefeller Foundation.

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