In Mind Cloud provides a cloud-based manufacturing sales platform called "Manufacturing X" that combines CRM and CPQ with production expertise, real-time manufacturing data, workflows and business intelligence. The company serves manufacturing and engineering businesses across multiple verticals and a global blue-chip customer base, including Benteler, Mindray Medical and Netafim. Founded in 2012 and led by Dr. Christian Cuske, CEO, In Mind Cloud operates globally through offices in Germany, Singapore and China and a high-value partner network. The company closed a €16m Series B financing led by Digital+ Partners, with participation from existing investors. It plans to use the funds to build up its sales and marketing organization across China, Germany and the US and to invest in global customer support. In Mind Cloud is an independent SaaS vendor that develops CRM and CPQ (Configure Price Quote) software built on the SAP Cloud Platform for manufacturing, high-tech and engineering industries. Its software is integrated into manufacturing processes and existing front-end sales processes. The company operates globally via its German subsidiary and a worldwide partner network and is led by CEO Dr. Christian Cuske. It closed a later-stage Series A financing (amount undisclosed) with backers including German capital managers FCM and MXL. In Mind Cloud intends to use the funds for aggressive regional and technology expansion over the months and years to come. Planned moves include further growing sales and business development teams in Europe and Greater China, followed by a direct market entry into the US.

Total raised

$18M

Funding rounds

2

Latest round

Series B

Latest activity

Sep 2019