Cloudwords
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Company type | Private |
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Industry | Software |
Founded | March 26, 2010 |
Founder |
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Headquarters | San Francisco, California, US |
Website | cloudwords |
Cloudwords, Inc. is an American software company based in San Francisco, California, specializing in Software-as-a-Service (SaaS) technology.
History[edit]
Cloudwords was co-founded on March 26, 2010, by Michael Meinhardt and Scott Yancey, who raised $3 million in seed funding from individuals including Marc Benioff, Chairman and CEO of Salesforce, and Salesforce founding CTO Dave Moellenhoff.[1][2]
The company raised $2.4 million in Series A funding in May 2012, led by Storm Ventures,[3] and completed a $9.1 million Series B round of funding in November 2013. As of October 2015[update] investors include Storm Ventures, UMC Capital, GMB Consulting LLC, Marc Benioff and other individual investors.[4]
In May 2016 Yancey was replaced as CEO by Richard Harpham, who had been Vice President of Sales and Marketing.[5]
Cloudwords officially launched in February 2011[2] and in August that year debuted the Basic and Professional editions of its software.[6] The company focuses on assisting large companies in localizing their marketing;[7] in April 2017 the company announced a partnership with Lilt, a translation productivity startup.[8]
References[edit]
- ^ "One Way Salesforce Is Becoming Bigger Than Itself". Forbes. 29 November 2011. Retrieved 9 May 2017.
- ^ a b "Benioff-Backed Cloudwords Helps Content Owners Manage Mass Translations". TechCrunch. 8 April 2011. Retrieved 9 May 2017.
- ^ "Cloudwords Completes Second Funding". FINSMES. 18 May 2012. Retrieved 9 May 2017.
- ^ "Translation Startup Funding Disclosed on Crunchbase over the Last Ten Years: $231M". Slator. 12 October 2015. Retrieved 9 May 2017.
- ^ Faes, Florian (30 June 2016). "Cloudwords Replaces CEO, Promotes Richard Harpham". Slator. Retrieved 13 May 2017.
- ^ "Cloudwords launches native cloud translation with Salesforce execs' help". VentureBeat. 31 August 2011. Retrieved 9 May 2017.
- ^ Johnson, Todd (23 March 2017). "Startup helps marketers localize content across the globe". San Francisco Business Times (subscription required). Retrieved 13 May 2017.
- ^ Faes, Florian (18 April 2017). "Bay Area Startups Cloudwords and Lilt to Partner". Slator. Retrieved 13 May 2017.