CloudHedge

Iselin, United States Founded: 2017 • Age: 9 yrs
Application modernization platform and cloud readiness assessment tools are provided.
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About CloudHedge

CloudHedge is a company based in Iselin (United States) founded in 2017 by Chirag Barhate, Ameya Varade, and Sameer Karmarkar.. CloudHedge has raised $897.85 thousand across 1 funding round from investors including NTT DATA. The company has 25 employees as of April 01, 2024. CloudHedge offers products and services including OmniDeq and DART. CloudHedge operates in a competitive market with competitors including NGINX, Skytap, Infoworks, BitTitan and vFunction, among others.

  • Headquarter Iselin, United States
  • Employees 25 as on 01 Apr, 2024
  • Founders Chirag Barhate, Ameya Varade, Sameer Karmarkar
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cloudhedge Technologies Private Limited
  • Date of Incorporation 23 Mar, 2018
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Technology → Enterprise IT Services & Distribution
Technology → Software Development & Engineering
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
    $966.15 K (USD)
    19.18
    as on Mar 31, 2022
  • Net Profit
    $-822.38 K (USD)
    -187.02
    as on Mar 31, 2022
  • EBITDA
    $-591.96 K (USD)
    -563.35
    as on Mar 31, 2022
  • Total Equity Funding
    $897.85 K (USD)

    in 1 rounds

  • Latest Funding Round
    $897.85 K (USD), Seed

    Jun 20, 2019

  • Investors
  • Employee Count
    25

    as on Apr 01, 2024

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Products & Services of CloudHedge

CloudHedge offers a comprehensive portfolio of products and services, including OmniDeq and DART. 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 efficient app transformation and deployment

Tool for evaluating cloud readiness and migration strategies

People of CloudHedge
Headcount 10-50
Employee Profiles 19
Employee Profiles
People
Santosh Kotagi
Senior Presales Engineer
People
Sameer Karmarkar
CTO & Co-founder
People
Ameya Varade
Chief Architect
People
Abhijit Joshi
CoFounder and CEO

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Funding Insights of CloudHedge

CloudHedge has successfully raised a total of $897.85K through 1 strategic funding round. The most recent funding activity was a Seed round of $897.85 thousand completed in June 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 1
  • Last Round Seed — $897,846
  • First Round

    (20 Jun 2019)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2019 Amount Seed - CloudHedge Valuation NTT DATA
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 CloudHedge

CloudHedge has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include NTT DATA. 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
Institutional
Investor Description Founded Year Domain Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
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 CloudHedge

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

Financial Statements - CloudHedge

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

Cloudhedge Comparisons

Employees
+
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Competitors of CloudHedge

CloudHedge 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, Skytap, Infoworks, BitTitan and vFunction, 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.
domain founded_year HQ Location
Cloud-based environments are delivered for application development and testing.
domain founded_year HQ Location
Data Transformation and Querying platform
domain founded_year HQ Location
Platform offering cloud application and data migration solutions
domain founded_year HQ Location
Platform offering cloud transformation solution
domain founded_year HQ Location
AI-powered influencer marketing and cloud management solutions are provided.
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.

Frequently Asked Questions about CloudHedge

When was CloudHedge founded?

CloudHedge was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is CloudHedge located?

CloudHedge is headquartered in Iselin, United States. It is registered at Iselin, New Jersey, United States.

Is CloudHedge a funded company?

CloudHedge is a funded company, having raised a total of $897.85K across 1 funding round to date. The company's 1st funding round was a Seed of $897.85K, raised on Jun 20, 2019.

How many employees does CloudHedge have?

As of Apr 01, 2024, the latest employee count at CloudHedge is 25.

What is the annual revenue of CloudHedge?

Annual revenue of CloudHedge is $966.15K as on Mar 31, 2022.

What does CloudHedge do?

CloudHedge was founded in 2017 and is based in Iselin, United States. Operations focus on the cloud computing sector, where an application modernization platform is offered to enable efficient transformation and deployment of containerized applications across cloud and on-premises environments. A cloud readiness assessment tool is also provided, delivering insights into application landscapes, readiness levels, potential cost savings, and strategies for modernization.

Who are the top competitors of CloudHedge?

CloudHedge's top competitors include NGINX, Infoworks and iKala.

What products or services does CloudHedge offer?

CloudHedge offers OmniDeq and DART.

Who are CloudHedge's investors?

CloudHedge has 1 investor. Key investors include NTT DATA.

What is CloudHedge's valuation?

The valuation of CloudHedge is $10.86M as of Jun 2019.

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