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Cloudwords, Inc.

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Cloudwords, Inc.
Private
ISIN🆔
IndustrySoftware
Founded 📆March 26, 2010; 14 years ago (2010-03-26)
Founder 👔
  • Michael Meinhardt
  • Scott Yancey
Headquarters 🏙️San Francisco, California, US
Area served 🗺️
Members
Number of employees
🌐 Websitecloudwords.com
📇 Address
📞 telephone

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 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]

  1. "One Way Salesforce Is Becoming Bigger Than Itself". Forbes. 29 November 2011. Retrieved 9 May 2017.
  2. 2.0 2.1 "Benioff-Backed Cloudwords Helps Content Owners Manage Mass Translations". TechCrunch. 8 April 2011. Retrieved 9 May 2017.
  3. "Cloudwords Completes Second Funding". FINSMES. 18 May 2012. Retrieved 9 May 2017.
  4. "Translation Startup Funding Disclosed on Crunchbase over the Last Ten Years: $231M". Slator. 12 October 2015. Retrieved 9 May 2017.
  5. Faes, Florian (30 June 2016). "Cloudwords Replaces CEO, Promotes Richard Harpham". Slator. Retrieved 13 May 2017.
  6. "Cloudwords launches native cloud translation with Salesforce execs' help". VentureBeat. 31 August 2011. Retrieved 9 May 2017.
  7. Johnson, Todd (23 March 2017). "Startup helps marketers localize content across the globe". San Francisco Business Times (subscription required). Retrieved 13 May 2017.
  8. Faes, Florian (18 April 2017). "Bay Area Startups Cloudwords and Lilt to Partner". Slator. Retrieved 13 May 2017.


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