We founded Cloud Elements as the first (and only) integration platform built from the ground up to connect application providers with the apps used by their customers and partners; their digital ecosystem. Every other integration platform was designed for point-to-point internal integration scenarios for the buyers of apps not the provider side. Now 4 years after launching our product we’ve become the clear leader in this segment approaching 200 software providers, more than all our competitors combined, that OEM Cloud Elements as the integration layer for their applications and platforms.
We know the bar is very, very high when we become part of our customer’s products. The stakes are significant for our customers and it sharpens us every day to know that ten of thousands of businesses are connected to our customers via Cloud Elements. Our use cases have expanded to include mission critical ecosystem integration ranging from employee on-boarding, receivables and payables payment reconciliation, order fulfillment and customer management. We thank you for your commitment to us and the trust that you place in Cloud Elements.
Our ongoing focus is to be an even better and stronger partner for you our customer and partners, and to that end I’m happy to announce that we recently closed a $25 Million Series C financing round providing our team with additional capital to invest in the product features you need, extending and deepening our industry leading catalog of pre-built connectors (or what we call Elements), growing our support team, continuing our global expansion and increasing our market presence.
Thanks to our amazing customers and our awesome team we’re prepared to continue to extend our leadership as the API Integration platform of choice for software developers. To learn more about the announcement, read the press release here.