CloudFrame - About the company
CloudFrame is a series A company based in New York City (United States), founded in 2015 by Venkat Pillay. It operates as a Platform offering application modernization software. CloudFrame has raised $8.5M in funding from New York Angels and Eldridge Industries. The company has 48 active competitors, including 5 funded and 4 that have exited. Its top competitors include companies like Grid Dynamics, NGINX and vFunction.
Company Details
Platform offering application modernization software. The platform offers tools to address the COBOL modernization needs. It offers tools to reduce the cost of COBOL application processing workloads. It also provides users with automated, incremental, low risk, ways to convert the applications into cloud native Java assets. It helps to mitigate risks.
- Website
- cloudframe.com
- Email ID
- *****@cloudframe.com
- Registered Address
- No. 36, 10th Cross, 2nd Block, Jayanagar, Bangalore, BANGALORE, Karnataka, India, 560011
Key Metrics
Founded Year
2015
Location
New York City, United States
Stage
Series A
Total Funding
$8.5M in 2 rounds
Latest Funding Round
Investors
Ranked
1st among 48 active competitors
Employee Count
43 as on Sep 30, 2026
Similar Companies
Legal entities associated with CloudFrame
CloudFrame is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CloudFrame, Inc. CIN: 473957209 , United States, Active | - | 9 (As on Dec 31, 2021) | - | |
CLOUDFRAME TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2022PTC163902 , India, Active | Jul 18, 2022 | 0 - ₹10 Cr (As on Mar 31, 2025) | 21 (As on Jan 31, 2025) |
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CloudFrame's funding and investors
CloudFrame has raised a total funding of $8.5M over 2 rounds. Its first funding round was on May 29, 2019. Its latest funding round was a Series A round on Mar 23, 2022 for $*****. 2 investors participated in its latest round. CloudFrame has 7 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of CloudFrame:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 23, 2022 | 1385197 | Series A | 3393847 | 9750790 | 9668825 | 9638454 |
May 29, 2019 | 3988547 | Seed | 5473077 | 5042963 |
View details of CloudFrame's funding rounds and investors
CloudFrame's founders and board of directors
Founder? Claim ProfileThe founders of CloudFrame is Venkat Pillay. Venkat Pillay is the CEO of CloudFrame.
Here are the details of CloudFrame's key team members:
- Venkat Pillay: Founder & CEO of CloudFrame.
View details of CloudFrame's Founder profiles and Board Members
CloudFrame's employee count trend
CloudFrame has 43 employees as of Sep 26. Here is CloudFrame's employee count trend over the years:
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CloudFrame's Competitors and alternates
Top competitors of CloudFrame include Grid Dynamics, NGINX and vFunction. Here is the list of Top 10 competitors of CloudFrame, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | CloudFrame 2015, New York City (United States), Series A | Platform offering application modernization software | $8.5M | 57/100 | |
2nd | Grid Dynamics 2006, Fremont (United States), Public | Provider of engineering services for artificial intelligence cloud and data | - | 58/100 | |
3rd | NGINX 2011, San Francisco (United States), Acquired | Application modernization and HPC solutions provider | $84M | 57/100 | |
4th | vFunction 2017, Menlo Park (United States), Series A | Platform offering cloud transformation solution | $38.2M | 54/100 | |
5th | CloudHedge 2017, Iselin (United States), Seed | Provider of agentic AI platform for enterprise application modernization | $904K | 36/100 | |
6th | Updraft 2007, Somerset (United States), Unfunded | Provider of cloud based software for application modernization | - | - | 36/100 |
7th | Application modernization solutions provider | - | - | 29/100 | |
8th | Axal 2024, San Francisco (United States), Seed | AI powered application modernization platform | $500K | 29/100 | |
9th | DXterity 2016, Mooresville (United States), Unfunded | Software development and application modernization platform | - | - | 26/100 |
10th | VS Merlot 2019, Ruston (United States), Unfunded | Software engineering company offering application modernization platform | - | - | 26/100 |
Looking for more details on CloudFrame's competitors? Click here to see the top ones
CloudFrame's Investments and acquisitions
CloudFrame has made no investments or acquisitions yet.
Reports related to CloudFrame
Here is the latest report on CloudFrame's sector:
News related to CloudFrame
Media has covered CloudFrame for a total of 2 events in the last 1 year, 2 of them have been about company updates.
•
CloudFrame Launches Continuum: First Mainframe Modernization Platform Based on Runtime TruthAiThority•Jul 13, 2026•CloudFrame
•
CloudFrame Announces September 18 Launch of Atlas, a Breakthrough in Legacy and Mainframe IntelligencePR Newswire•Sep 17, 2025•CloudFrame
•
GFT and CloudFrame Partner to Help Industries Say Goodbye to COBOLEnterpriseTalk•Mar 28, 2023•CloudFrame, GFT
•
CloudFrame Closes Series A Round Led by EldridgeBusiness Wire•Mar 22, 2022•CloudFrame, Eldridge Industries
•
Enterprise Engineering, Inc. and CloudFrame Inc. announce partnership to automate Mainframe COBOL to Cloud migrationsGlobeNewswire•Aug 25, 2020•Enterprise Engineering, CloudFrame
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