What is Cloudcade?
Cloudcade, Inc. is a developer and publisher specializing in free-to-play mobile games designed for synchronous play across web, iOS, and Android platforms. Targeting gamers aged 13 and above, the company focuses on creating engaging, interactive experiences with robust user-generated content features and community interaction. Cloudcade's platform emphasizes compliance with privacy standards and aims to foster a connected gaming environment.
How much funding has Cloudcade raised?
Cloudcade has raised a total of $4.9M across 4 funding rounds:
Angel/Seed
$1.6M
Other Financing Round
$3M
Debt
$150K
Debt
$180K
Angel/Seed (2014): $1.6M with participation from IDG Capital Partners
Other Financing Round (2014): $3M led by AngelVest, Wei Guo, and Terry Quan
Debt (2020): $150K supported by PPP
Debt (2021): $180K featuring PPP
Key Investors in Cloudcade
IDG Capital Partners
IDG Capital is an investment firm with a focus on developing companies through private equity and venture capital, likely bringing strategic guidance to Cloudcade's growth.
PPP
Public-Private Partnership
AngelVest
AngelVest participated in a financing round, suggesting an interest in Cloudcade's early-stage development and potential for market disruption.
What's next for Cloudcade?
The recent major strategic investment suggests Cloudcade is poised for significant expansion, likely focusing on enhancing its cross-platform capabilities and broadening its game portfolio. This capital infusion will probably fuel further development of its user-generated content tools and community engagement initiatives, aiming to solidify its market position in the competitive free-to-play mobile gaming landscape. Future growth may involve strategic partnerships or further platform integrations to reach a wider audience.
See full Cloudcade company page
