CloudOne provides a platform to assemble, deploy, manage and advance Internet of Things solutions in a secure virtual private cloud. The company combines embedded device software development with big data analytics to deliver end-to-end IoT offerings. It intends to use the funds to grow its IoT Development and IoT Analytics capabilities, invest in product innovation and expand its team. CloudOne reported its fourth consecutive year of more than 100% year-over-year revenue growth. Founded in 2010 and based in Fishers, Ind., the company focuses on helping enterprise customers advance IoT initiatives. Total equity investment in CloudOne stands at $21.9M following the latest round. CloudOne offers a hybrid cloud platform that enables global collaborative development, production and analysis of software and products in real time on private hybrid cloud environments. Its platform is positioned to bring enterprise applications to the cloud and support collaborative workflows. Customers cited in the article include Cummins, Panasonic and McDonald’s. The company recently acquired the North American sales and marketing operations of Sodius Corporation and signed a global purchasing agreement with Capgemini. CloudOne is led by CEO John McDonald and was founded in 2010 in Indianapolis, IN. The company intends to use new funding to accelerate growth of its hybrid cloud platform. CloudOne provides on-demand Software-as-a-Service and Virtual Private Cloud solutions for IBM software tools. The company was started in 2009 and is led by CEO John McDonald. Its customer roster includes Cummins, Panasonic, Hilton, CVS/Caremark, the US Army, Shell, Xerox, Deloitte, Express Scripts, Delphi Automotive, Harman/Kardon and McDonald’s. CloudOne raised $2.8M in a Series C financing and plans to use the funds to expand sales and marketing, customer service and account management. In conjunction with the investment the company formed a new Board of Directors including David Clark, Ryan Diem, Parker Hinshaw, Christopher Hughes and John McDonald. The product is designed to make infrastructure work on-demand with no up-front capital, saving customers money on infrastructure, staffing and configuration costs. CloudOne provides SaaS-based IBM Rational tools that enable customers to create their own enterprise software. Its customer roster includes McDonald’s, University of California, Panasonic, private companies and public government agencies. Founded in 2010 and led by CEO John P. McDonald, the company is based in Fishers, Indiana. CloudOne completed a $1.7M Series B and intends to use the proceeds to add engineers and sales representatives. As part of the financing, Ryan Pfenninger of Elevate Ventures joined the company’s board. CloudOne is a Software-as-a-Service provider of IBM Rational development tools that aims to lift software and systems development onto the cloud. Created in 2009 and led by CEO John McDonald, the company builds custom Virtual Private Clouds to help customers save money, scale development dynamically, and unite vendors, contractors and employees. Its customer base includes McDonald’s Corporation, The University of California, Lenovo, Bazaarvoice, The University of Texas – El Paso, and the Federal Aviation Administration. CloudOne intends to use the funds to grow its service and capitalize on the explosive growth of software development in the cloud. The company is based in Chicago, Illinois. On August 1, it appointed former IBM executive James Pietrocarlo as Director of Business Development.

Total raised

$20M

Funding rounds

5

Latest round

Series E

Latest activity

Apr 2016