Tech Company Financing Transactions
CloudFrame Funding Round
CloudFrame closed a Series A venture capital round on 3/23/2022. Backers included Eldridge Industries and private investors.
Transaction Overview
Company Name
Announced On
3/23/2022
Transaction Type
Venture Equity
Amount
Unknown
Round
Series A
Investors
Eldridge Industries (Lead Investor)
private investors (Henry Kravis)
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
100 Overlook Center, 2nd Fl
Princeton, NJ 08540
USA
Princeton, NJ 08540
USA
Phone
Undisclosed
Website
Email Address
Overview
CloudFrame frees mainframe applications from COBOL, giving customers automated, incremental, low-risk, low-cost ways to transform those applications into fully supportable cloud-native Java. Our products give customers control and the ability to transform mainframe applications fast, freeing them from COBOL and vendor dependency completely and fully enabling digital transformation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Venkat Pillay
Chief Marketing Officer
David Smith
Chief Operating Officer
Hans Otharsson
Chief Technical Officer
Gregory Saxton
VP - Sales
Pedro Becquer
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Where The Data Comes From
We do our best to report on tech company VC transactions. All VC database entries reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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