Cloud Elements: Product Overview and Insight
Today: Cloud Elements (API virtualization and integration)
Company description: Cloud Elements claims to deliver concord to the world of utility programming interfaces (APIs), permitting software program suppliers to innovate sooner and plug into digital ecosystems. The firm’s one-to-many virtualized API integration platform allows builders to unify hundreds of APIs, construct frequent knowledge fashions for core enterprise capabilities, and cut back the ache, price, and complexity of integration. Founded in 2012, Cloud Elements is headquartered in Denver, Colo., and serves prospects worldwide.
The firm’s newest platform contains new options that virtualize API integration, making it simpler for software program and repair groups to proactively construct, handle and scale digital ecosystems that speed up product adoption and enhance buyer expertise. The new platform addresses two huge challenges for in the present day’s growth groups: 1) Reducing the ache, price, and complexity of integration, which sucks up developer time and distracts from product innovation; and a pair of) rising market alternative by enabling prospects to shortly undertake new software program that works with their current functions, whereas enabling collaboration throughout their prolonged ecosystem of consumers, prospects, companions and provide chains.
Cloud Elements’ buyer base contains giant software program platform firms resembling SAP, IBM and Axway; impartial software program distributors DoubleDutch, FinancialForce, Microstrategy and Sage; monetary expertise suppliers Danske Bank, FIS, PaySimple and Western Union; and digital enterprise items of huge enterprises, resembling Dun & Bradstreet and Xerox.Further studying Where Cloud-Native and Mesh Security is Headed Next Zinier Expands AI-Driven Automation to Field Service
The privately held firm was based by CEO Mark Geene, an skilled SaaS govt and API fanatic with expertise at Oracle, IBM, AT&T, TenFold and Dorado Software. Cloud Elements has raised three rounds of founding, together with a Series C ($25 million) in 2019 led by Mercato Partners, with extra funding from current traders Access Ventures, American Express Ventures, Grotech Ventures, Harbert Growth Partners, Rally Ventures, and Upslope Ventures. Cloud Elements’ whole capital raised is $46.2 million.
Markets: API integration, SaaS, digital ecosystems, enterprise software program
International Operations: Denver (HQ), Dallas, Surrey, U.Okay.; Hyderabad, India
Product and Services: Cloud Elements 3.zero modifications the economics of integration, permitting APIs to work in uniform methods throughout lots of of functions whereas sharing frequent knowledge fashions. Instead of requiring builders to construct point-to-point connections utilizing inconsistent APIs, Cloud Elements begins by unifying APIs with enhanced capabilities for authentication, discovery, search, error dealing with and API upkeep. These parts can then be mixed into workflows (aka Formulas) that automate enterprise processes throughout functions. Elements and Formulas could be simply modified, shared and re-used, considerably enhancing developer productiveness. Elements additionally defend builders from underlying API modifications, considerably lowering…
