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 $128M in funding from investors like Atomico, Autodesk and Entrepreneurs First. The company has 31 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
$128M in 5 rounds
Latest Funding Round
Ranked
1st among 31 active competitors
Annual Revenue
£1M - £10M as on Dec 31, 2024
Employee Count
110 as on Aug 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 $128M over 5 rounds. Its latest funding round was a Series B round on Sep 08, 2026 for $*****. 2 investors participated in its latest round. CloudNC has 19 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 |
|---|---|---|---|---|---|---|
Sep 08, 2026 | 6612545 | Series B | 4367001 | 3626097 | 6189798 | 4619005 |
Jun 21, 2022 | 7020716 | Series B | 9102434 | 7145899 | 3261376 | |
Jun 07, 2018 | 7933443 | Series A | 4613902 | 3907165 |
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 11m | |
Team | - | Current | 10y 11m | |
Independent board member | - | Current | 8y 3m | |
ro{fnrh | Independent board member | - | Current | 8y 3m |
drgocah | Independent board member | - | Past | 9y 8m |
View details of CloudNC's Founder profiles and Board Members
CloudNC's employee count trend
CloudNC has 110 employees as of Aug 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 | CloudNC 2015, London (United Kingdom), Series B | Cloud based CNC machine controlling and optimizing | $128M | 60/100 | |
2nd | Mastercam 1983, Tolland (United States), Acquired | Developer of CAD and CAM software for CNC manufacturing applications | - | - | 54/100 |
3rd | GibbsCAM 1982, Moorpark (United States), Acquired | CNC programming software for efficient and precise machining solutions | - | - | 52/100 |
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 | SPRUT Technology 1986, Naberezhnye Chelny (Russia), Unfunded | CAM software solution for manufacturing applications | - | - | 38/100 |
7th | Cimatron 1982, Rock Hill (United States), Acquired | Integrated CAD/CAM software solutions for tooling design and manufacturing | - | - | 34/100 |
8th | Manufacturing execution and automation soltution | - | 30/100 | ||
9th | Striker Systems 1985, White House (United States), Unfunded | Sheet metal CAD/CAM nesting software for CNC laser, punching, cutting | - | - | 29/100 |
10th | Just in sequence software solutions | - | - | 28/100 |
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
Media has covered CloudNC for a total of 2 events in the last 1 year.
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CloudNC Raises €17.2 Million to Scale AI-Powered Precision MachiningEU-Startups•Sep 09, 2026•Nimble Ventures, 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, Entrepreneurs First, Episode 1 Ventures and 1 other
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