Cloudwise
A pioneer vendor that provides high quality digital operation products and solutions on ITOM and ITSM.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor investor investor investor | €0.0 | round | |
* | $150m | Series E | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 12 % | 22 % | 3 % | 5 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Founded in 2009 by Andy Yin and Bin Tan, Cloudwise has established itself as a significant player in the Artificial Intelligence for IT Operations (AIOps) sector. The company, which began with the mission to "Make Digital Online," has its headquarters in Beijing, China, and has expanded its presence with a Singapore office and several R&D and operation centers. A substantial funding history, totaling $255 million over seven rounds, underscores its growth trajectory, culminating in a Series E round of $150 million in July 2021 with investors like Sequoia Capital and Citic PE.
Cloudwise provides a comprehensive suite of full-stack AIOps solutions designed to optimize IT infrastructure and business operations. The company's business model is centered on providing these advanced products and technologies to a diverse client base that includes enterprises in finance, government, energy, transportation, retail, and manufacturing. Serving markets across China and Southeast Asia, the firm generates revenue by selling its software solutions that help businesses monitor, manage, and enhance their digital operations. Its clientele includes notable names like Chanel, Nissan, Sony, and L'Oréal.
The core of Cloudwise's offering is its AIOps Platform, which integrates IT Operations Management (ITOM), IT Service Management (ITSM), and IT operations visualization into a single, unified service. This platform delivers a wide array of functionalities, including application performance monitoring (APM), log analysis, synthetic monitoring, and security management. Key features include a Digital Operations Observability Platform (DOOP) for clear monitoring, real-time log analysis of over 10TB of data per day, and unified management of IT resources. By leveraging machine learning and data analytics, Cloudwise enables clients to automate IT workflows, gain insights from operational data for fault analysis, improve resolution times, and ultimately enhance the end-user experience.
Keywords: AIOps, IT Operations Management, ITOM, IT Service Management, ITSM, DevOps, Application Performance Monitoring, APM, log analysis, digital operations, infrastructure monitoring, observability platform, cloud monitoring, synthetic monitoring, full-stack AIOps, IT automation, enterprise software, network monitoring, user experience optimization, data-driven IT
