CloudNC - About the company
CloudNC is a series B company based in London (United Kingdom), founded in 2015 by Theo Saville. It operates as a Cloud based CNC machine controlling and optimizing. CloudNC has raised $72M in funding from investors like Atomico, Autodesk and Entrepreneur First. The company has 28 active competitors, including 1 funded and 4 that have exited. Its top competitors include companies like Mastercam, GibbsCAM and OPEN MIND Technologies.
Company Details
CloudNC provides artificially intelligent solutions to control and optimize the performance of CNC machines automatically.
- Website
- www.cloudnc.com/
- Email ID
- *****@cloudnc.com
Key Metrics
Founded Year
2015
Location
London, United Kingdom
Stage
Series B
Total Funding
$72M in 4 rounds
Latest Funding Round
Ranked
2nd among 28 active competitors
Annual Revenue
£1M - £10M as on Dec 31, 2024
Employee Count
114 as on Jul 31, 2026
Legal entities associated with CloudNC
CloudNC is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CloudNC Ltd CIN: 9821257 , United Kingdom, Active | Oct 12, 2015 | £1M - £10M (As on Dec 31, 2024) | 85 (As on Nov 30, 2021) |
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CloudNC's funding and investors
CloudNC has raised a total funding of $72M over 4 rounds. Its latest funding round was a Series B round on Jun 21, 2022 for $*****. 6 investors participated in its latest round. CloudNC has 17 institutional investors.
Here is the list of recent funding rounds of CloudNC:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 21, 2022 | 7170397 | Series B | 9980308 | 7464663 | 6677984 | 5642201 |
Jun 07, 2018 | 5793383 | Series A | 6960947 | 5818183 | 5133528 | |
2015 | 7007 | Grant (prize money) | 8737 | 2871 | 3833 |
View details of CloudNC's funding rounds and investors
CloudNC's founders and board of directors
Founder? Claim ProfileThe founders of CloudNC is Theo Saville.
Here are the details of CloudNC's key team members:
- Theo Saville: Co-Founder & CEO of CloudNC. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
CloudNC's Board of Directors
CloudNC's board has 4 active members. Theo Saville and Chris Emery are part of team and Siraj Rashid Khaliq and Paul Anthony Mcnabb are independent board members.Here is the list of CloudNC's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 9m | |
Team | - | Current | 10y 9m | |
Independent board member | - | Current | 8y 1m | |
wcbcjpk | Independent board member | - | Current | 2y 6m |
abeawsh | Independent board member | - | Past | 3y 2m |
View details of CloudNC's Founder profiles and Board Members
CloudNC's employee count trend
CloudNC has 114 employees as of Jul 26. Here is CloudNC's employee count trend over the years:
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CloudNC's Competitors and alternates
Top competitors of CloudNC include Mastercam, GibbsCAM and OPEN MIND Technologies. Here is the list of Top 10 competitors of CloudNC, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Mastercam 1983, Tolland (United States), Acquired | Developer of CAD and CAM software for CNC manufacturing applications | - | - | 57/100 |
2nd | CloudNC 2015, London (United Kingdom), Series B | Cloud based CNC machine controlling and optimizing | $72M | 49/100 | |
3rd | GibbsCAM 1982, Moorpark (United States), Acquired | CNC programming software for efficient and precise machining solutions | - | - | 51/100 |
4th | OPEN MIND Technologies 1994, Wessling (Germany), Funding Raised | CAD CAM software for 2d 3d 5-axis milling | - | 44/100 | |
5th | Vero S 1988, Cheltenham (United Kingdom), Acqui-Hired | Provider of CAD & CAM software solution | - | 40/100 | |
6th | Cimatron 1982, Rock Hill (United States), Acquired | Integrated CAD/CAM software solutions for tooling design and manufacturing | - | - | 38/100 |
7th | SPRUT Technology 1986, Naberezhnye Chelny (Russia), Unfunded | CAM software solution for manufacturing applications | - | - | 38/100 |
8th | Manufacturing execution and automation soltution | - | 30/100 | ||
9th | Vaal Triangle 2005, Pune (India), Unfunded | CAM software solutions provider | - | - | 30/100 |
10th | Striker Systems 1985, White House (United States), Unfunded | Sheet metal CAD/CAM nesting software for CNC laser, punching, cutting | - | - | 29/100 |
Looking for more details on CloudNC's competitors? Click here to see the top ones
CloudNC's Investments and acquisitions
CloudNC has made no investments or acquisitions yet.
Reports related to CloudNC
Here is the latest report on CloudNC's sector:
News related to CloudNC
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AI Solution Launches to Boost CNC Machining Estimating ProcessDigital Engineering•Sep 11, 2024•CloudNC
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CloudNC Taps HTEC to Expand Global Engineering Capacity in Hyper-Competitive Talent MarketBusiness Wire•Feb 29, 2024•CloudNC, HTEC, HTEC Group
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CloudNC scores £9M Series A led by Atomico to bring AI to manufacturingTechCrunch+•Jun 07, 2018•CloudNC, Atomico, Entrepreneur First, Episode 1 Ventures and 1 other
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