CloudBackend - About the company
CloudBackend is a seed company based in Stockholm (Sweden), founded in 2018 by Daniel Arthursson and Asa Sundqvist. It operates as a Multi-access edge computing solution. CloudBackend has raised $820K in funding from Xcerion and Almi Invest. The company has 561 active competitors, including 84 funded and 61 that have exited. Its top competitors include companies like Vercel, DigitalOcean and Heroku.
Company Details
CloudBackend provides multi-access edge computing solution. The platform provides a solution for decentralized and efficient cloud infrastructure for telecom, IoT, automation, and developers. It enables running code at the edge by combining cloud computing and serverless computing.
- Website
- cloudbackend.com
- Social
Key Metrics
Founded Year
2018
Location
Stockholm, Sweden
Stage
Seed
Total Funding
$820K in 1 round
Latest Funding Round
Ranked
126th among 561 active competitors
Employee Count
21 as on Apr 30, 2026
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CloudBackend's funding and investors
CloudBackend has raised a total funding of $820K over 1 round. Its latest funding round was a Seed round on 2018 for $*****. 2 investors participated in its latest round. CloudBackend has 4 institutional investors.
Here is the list of recent funding rounds of CloudBackend:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2018 | 8958 | Seed | 7494 | 8498 | 2953 | 5538 |
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CloudBackend's founders and board of directors
Founder? Claim ProfileThe founders of CloudBackend are Daniel Arthursson and Asa Sundqvist.
Here are the details of CloudBackend's key team members:
- Daniel Arthursson: Co-Founder & CEO of CloudBackend.
- Asa Sundqvist: Co-Founder of CloudBackend.
View details of CloudBackend's Founder profiles and Board Members
CloudBackend's employee count trend
CloudBackend has 21 employees as of Apr 26. Here is CloudBackend's employee count trend over the years:
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CloudBackend's Competitors and alternates
Top competitors of CloudBackend include Vercel, DigitalOcean and Heroku. Here is the list of Top 10 competitors of CloudBackend, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Vercel 2015, Covina (United States), Series F | Provider of cloud infrastructure and developer tools for web applications | $863M | 81/100 | |
2nd | DigitalOcean 2011, New York City (United States), Public | Provider of cloud infrastructure, virtual machines, and managed database hosting | $174M | 80/100 | |
3rd | Heroku 2007, San Francisco (United States), Acquired | Saas based provider of integrated platform as a service solutions | $17M | 74/100 | |
4th |  Progress 1981, Bedford (United States), Public | Platform offering IDE based application development software | - | 68/100 | |
5th | OutSystems 2001, Linda A Velha (Portugal), Series F | Developer of a low-code platform with AI-powered application development capabilities | $803M | 68/100 | |
6th | WSO2 2005, Santa Clara (United States), Acquired | Provider of open-source platform for API management, integration, and identity | $130M | 66/100 | |
7th | Platform offering integrated cloud development environment | $41M | 65/100 | ||
8th |  Temporal 2019, Seattle (United States), Series D | Platform offering integrated cloud application development solution | $650M | 64/100 | |
9th | Developer of a platform for agentic security operations and automation | $100M | 62/100 | ||
10th | AppSheet 2014, Seattle (United States), Acquired | Developer of a no-code platform for building and automating applications | $20.8M | 62/100 | |
126th |  CloudBackend 2018, Stockholm (Sweden), Seed | Multi-access edge computing solution | $820K | 33/100 |
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CloudBackend's Investments and acquisitions
CloudBackend has made no investments or acquisitions yet.
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