What is CloudMine?
CloudMine operates as a specialized entity within the Business Services sector, providing critical infrastructure and support solutions. With a lean team of 10 to 19 professionals and annual revenue streams between $1M and $5M, the company has established a niche position by leveraging its technical expertise to solve complex enterprise challenges. Its market presence is characterized by a focus on scalability and high-value service delivery, which has attracted a diverse syndicate of institutional and angel investors over the past several years.
How much funding has CloudMine raised?
CloudMine has raised a total of $19.2M across 6 funding rounds:
Unspecified
$100K
Debt
$1.4M
Private Equity
$7.2M
Series A
$5M
Private Equity
$2.9M
Debt
$2.5M
Unspecified (2012): $100K with participation from Ben Franklin Technology Partners of Southeastern Pennsylvania
Debt (2014): $1.4M led by Undisclosed
Private Equity (2015): $7.2M, investors not publicly disclosed
Series A (2015): $5M featuring Mid-Atlantic Angel Group, Robin Hood Ventures, MentorTech Ventures, Safeguard Scientifics, Ben Franklin Technology Partners, Dreamit Ventures, and DeSimone Group Investments
Private Equity (2017): $2.9M backed by Safeguard Scientifics
Debt (2017): $2.5M with participation from MentorTech Ventures
Key Investors in CloudMine
MentorTech Ventures
A seed- and early-stage venture capital fund focused on the University of Pennsylvania ecosystem, specializing in information technology and marketing technology.
Safeguard Scientifics
A long-standing venture capital and private equity firm that provides growth capital to technology-driven businesses in healthcare, financial services, and digital media.
Mid-Atlantic Angel Group
A member-managed fund that bridges the gap between angel funding and institutional venture capital, focusing on diversified investments across the Mid-Atlantic region.
What's next for CloudMine?
With the recent strategic investment, CloudMine is well-positioned to accelerate its product development roadmap and expand its market footprint. The company's lifecycle stage, supported by this major enterprise-level funding, suggests a transition toward aggressive scaling and market penetration. Future strategic initiatives will likely focus on enhancing service offerings and deepening integration within its core client base, ensuring that the firm remains a pivotal player in the business services ecosystem while maintaining the operational agility that defined its early-stage success.
See full CloudMine company page
