CloudThing

Belbroughton, United Kingdom Founded: 2012 • Age: 14 yrs Acquired By Kerv
IT service suites and AI solutions are provided to clients.
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About CloudThing

CloudThing is a company based in Belbroughton (United Kingdom) founded in 2012 was acquired by Kerv in May 2021.. CloudThing offers products and services including Managed IT Services, Cloud Network, Communications Compliance, and Data and AI. CloudThing operates in a competitive market with competitors including AKQA, Hancom, AlmavivA, Hedgehog lab and Waracle, among others.

  • Headquarter Belbroughton, United Kingdom
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Kerv Group Limited
  • Date of Incorporation 12 Mar, 2020
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Kerv

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Kerv

    (May 06, 2021)

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Products & Services of CloudThing

CloudThing offers a comprehensive portfolio of products and services, including Managed IT Services, Cloud Network, Communications Compliance, and Data and AI. 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

Offers flexible IT support including service desk and threat monitoring services.

Provides transformation for scalability, efficiency, and multi-cloud networking solutions.

Delivers end-to-end compliance for regulated industries like financial services.

Leverages data and AI for innovation, regulatory compliance, and business growth.

Funding Insights of CloudThing

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2020 Amount Debt – Conventional - CloudThing 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 CloudThing

CloudThing has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Kerv, Clydesdale Bank and Yorkshire Bank. 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
Clydesdale Bank is operated as a provider of personal, business, and private banking services.
Founded Year Domain Location
Personal and business banking services are provided by Yorkshire Bank.
Founded Year Domain Location
Contactless payment rings are manufactured for wearable transactions.
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 CloudThing

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 - CloudThing

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

Cloudthing Comparisons

Employees
+
Add Comparison
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Competitors of CloudThing

CloudThing 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 AKQA, Hancom, AlmavivA, Hedgehog lab and Waracle, 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
Integrated digital marketing campaigns are developed and executed across channels.
domain founded_year HQ Location
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
domain founded_year HQ Location
IT services suite solutions are provided globally by AlmavivA.
domain founded_year HQ Location
Mobile application development and UX design services are provided.
domain founded_year HQ Location
Mobile apps and IoT solutions are developed across platforms.
domain founded_year HQ Location
Offshore enterprise application development and IT consulting services 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.

Latest news on Cloudthing

Thursfields reveals role on cloudThing sale
Insidermedia4 years ago
Cloudthing Snapped Up By Kerv Group
Insidermedia4 years ago

Frequently Asked Questions about CloudThing

When was CloudThing founded?

CloudThing was founded in 2012 and raised its 1st funding round 8 years after it was founded.

Where is CloudThing located?

CloudThing is headquartered in Belbroughton, United Kingdom. It is registered at Belbroughton, Worcestershire, United Kingdom.

What does CloudThing do?

CloudThing provider of it service suite solutions and ai services, focusing on providing business support, providing IT services, application development, and horizontal. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of CloudThing?

CloudThing's top competitors include Hedgehog lab, AlmavivA and AKQA.

What products or services does CloudThing offer?

CloudThing offers Managed IT Services, Cloud Network, Communications Compliance, and Data and AI.

Who are CloudThing's investors?

CloudThing has 3 investors. Key investors include Kerv, Clydesdale Bank, and Yorkshire Bank.

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