CloudFrame

New York, United States Founded: 2015 • Age: 11 yrs
COBOL applications are modernized to cloud-native Java via specialized tools.
Annual revenue - Latest available
Total funding $8.5M 2 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About CloudFrame

CloudFrame is a company based in New York (United States) founded in 2015 by Venkat Pillay. It operates as a SaaS (Software-as-a-Service) and AI-as-a-Service. CloudFrame has raised $8.5 million across 2 funding rounds from investors including Eldridge Industries, Henry Kravis and New York Angels. CloudFrame offers products and services including CloudFrame Modernization Suite, Atlas, and CodeNavigator. CloudFrame operates in a competitive market with competitors including NGINX, vFunction, Grid Dynamics, CloudHedge and LzLabs, among others.

  • Headquarter New York, United States
  • Founders Venkat Pillay
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Legal Name Cloudframe, Inc.
Operational Areas
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $8.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $7 M (USD), Series A

    Mar 23, 2022

  • Investors
  • Employee Count
    Not available
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Products & Services of CloudFrame

CloudFrame offers a comprehensive portfolio of products and services, including CloudFrame Modernization Suite, Atlas, and CodeNavigator.

Product name locked
Category locked
Primary

Legacy systems are modernized using advanced AI technology.

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Legacy code insights are provided through natural language queries.

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COBOL is transformed into maintainable object-oriented Java code.

People of CloudFrame

Headcount 10-50
Employee Profiles 16
Board Members and Advisors 4
Employee Profiles
People
Michael Edelson
Director, Marketing And Communications
People
Hans Otharsson
Chief Operating Officer
People
Jorge Morlett
Field Technical Sales Director
People
Gaurav Kumar
Technical Account Manager

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Board Members and Advisors
people
Roseann Palmieri
Executive Chair
people
Andy Brown
Advisor
people
Brad Medd
Board Member
people
Bruce Gallager
Board Member

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Funding Insights of CloudFrame

CloudFrame has successfully raised a total of $8.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in March 2022. 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.

Investors in CloudFrame

CloudFrame has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Eldridge Industries, Henry Kravis and New York Angels.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Holding company investing in insurance, asset management, technology, mobility, sports, music, real estate, and consumer sectors
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Early-stage technology startups are funded by New York Angels network.
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Venture capital fund focused on multiple sectors
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Investor details for CloudFrame

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Investments & Acquisitions by CloudFrame

Investments
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Investment portfolio details for CloudFrame

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  • Transaction dates
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Financial Statements - CloudFrame

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Detailed financials for CloudFrame

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Cloudframe Comparisons

CloudFrame Primary company
Description
COBOL applications are modernized to cloud-native Java via s...
Location
New York, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for CloudFrame

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of CloudFrame

CloudFrame 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 NGINX, vFunction, Grid Dynamics, CloudHedge and LzLabs, among others.

Company Name Domain Founded year HQ Location Description
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Open-source internet infrastructure software is provided by NGINX.
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Platform offering cloud transformation solution
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Cloud-based software for continuous application deployment and delivery is provided.
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Application modernization platform and cloud readiness assessment tools are provided.
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Provides software and services for modernizing legacy mainframe systems to cloud platforms.
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Detailed competitors of CloudFrame

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Latest news on Cloudframe

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Complete news archive for CloudFrame

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  • Brand-specific news history

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Frequently Asked Questions about CloudFrame

CloudFrame was founded in 2015 and raised its 1st funding round 4 years after it was founded.

CloudFrame is headquartered in New York, United States. It is registered at New York, New York, United States.

Venkat Pillay is the current CEO of CloudFrame. They have also founded this company.

CloudFrame is a funded company, having raised a total of $8.5M across 2 funding rounds to date.

CloudFrame is engaged in providing advanced solutions for legacy system modernization. The company operates within the technology sector, specializing in software tools that leverage Agentic AI to decode and transform outdated systems. Solutions such as the CloudFrame Modernization Suite, Atlas, and CodeNavigator are offered to help organizations retain, refactor, or reimagine their applications. Industries including finance, insurance, telecom, energy, and retail are served, with a focus on reducing costs, ensuring continuity, and driving innovation through cloud-native capabilities. Modernization is achieved with precision, avoiding vendor lock-in and ensuring functional equivalence.

CloudFrame's top competitors include NGINX, vFunction and Grid Dynamics.

CloudFrame offers CloudFrame Modernization Suite, Atlas, and CodeNavigator.

CloudFrame has 4 investors. Key investors include Eldridge Industries, Henry Kravis, New York Angels, and Crescite Ventures.

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