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
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Cloudframe, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.5 M (USD)
in 2 rounds
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Latest Funding Round
$7 M (USD), Series A
Mar 23, 2022
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Investors
Eldridge Industries
& 3 more
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Employee Count
Employee Count
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Products & Services of CloudFrame
CloudFrame offers a comprehensive portfolio of products and services, including CloudFrame Modernization Suite, Atlas, and CodeNavigator. 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.
Legacy systems are modernized using advanced AI technology.
Legacy code insights are provided through natural language queries.
COBOL is transformed into maintainable object-oriented Java code.
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $7.0M
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First Round
First Round
(29 May 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series A - CloudFrame | Valuation | Eldridge Industries | |
| May, 2019 | Amount | Seed - CloudFrame | Valuation | New York Angels |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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.
| Investor | Description | Founded Year | Domain | Location |
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Holding company investing in insurance, asset management, technology, mobility, sports, music, real estate, and consumer sectors
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Founded Year | Domain | Location | |
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Early-stage technology startups are funded by New York Angels network.
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CloudFrame
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CloudFrame
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cloudframe Comparisons
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. 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 |
Open-source internet infrastructure software is provided by NGINX.
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| domain | founded_year | HQ Location |
Platform offering cloud transformation solution
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| domain | founded_year | HQ Location |
Cloud-based software for continuous application deployment and delivery is provided.
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| domain | founded_year | HQ Location |
Application modernization platform and cloud readiness assessment tools are provided.
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| domain | founded_year | HQ Location |
Provides software and services for modernizing legacy mainframe systems to cloud platforms.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CloudFrame
When was CloudFrame founded?
CloudFrame was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is CloudFrame located?
CloudFrame is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of CloudFrame?
Venkat Pillay is the current CEO of CloudFrame. They have also founded this company.
Is CloudFrame a funded company?
CloudFrame is a funded company, having raised a total of $8.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on May 29, 2019.
What does CloudFrame do?
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.
Who are the top competitors of CloudFrame?
CloudFrame's top competitors include NGINX, vFunction and Grid Dynamics.
What products or services does CloudFrame offer?
CloudFrame offers CloudFrame Modernization Suite, Atlas, and CodeNavigator.
Who are CloudFrame's investors?
CloudFrame has 4 investors. Key investors include Eldridge Industries, Henry Kravis, New York Angels, and Crescite Ventures.
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