Cloudfind Secures £460k to Transform Enterprise Content

[neondrum 0]

Bath, UK, 14th November 2013. – UK technology startup CloudFind (www.cloudfindhq.com) today

announced that it has attracted a further £460k of investment for its plans to transform how

companies find, share and organize their information. This latest equity investment takes

Cloudfind’s funding to date to over £700k ($1m).

 

Cloudfind’s technology addresses an issue that every company recognizes: how to find the right

information quickly from thousands of folders and millions of files. “The potential to save

time and cost, and streamline day to day operations for businesses of all kinds is simply

huge,†commented Cloudfind CEO, Sebastian Toke-Nichols.

 

According to Cloudfind, companies are finding it increasingly difficult to keep information

organized, even with sophisticated search and collaboration tools. Growing volumes of enterprise

files and the rapid growth in cloud storage only add to the complexity. “Conventional methods

for searching and organizing information are becoming increasingly inadequate,†Toke-Nichols

added. “It’s like looking for a needle in a field of haystacks.â€

 

Cloudfind solves the problem with sophisticated algorithms that automatically and intelligently

“tag†information and documents from across cloud storage providers, such as Google

Drive, Box and Dropbox. To find the files they need, users simply click on tags, rather than having

to review long lists of search results or browse through folders. By integrating with enterprise

applications such as Salesforce.com, Cloudfind makes the process even more seamless, saving valuable

time and keeping business processes running smoothly.

 

Toke-Nichols added: “This additional funding demonstrates the huge interest and potential in

this area, and a vote of confidence in Cloudfind from experienced technology investors.†The

company plans to recruit up to 20 additional staff during 2014 to develop its technology further and

tap worldwide market potential.

 

Cloudfind will be in San Francisco, November 18-21 for Dreamforce, the world’s largest

technology vendor-led event, attracting 120,000 Salesforce users, customers and partners.

 

--ENDS

 

About Cloudfind:

Cloudfind develops software that helps companies find, share and organize their information. Created

specifically to address the emerging challenges of cloud, software-as-a-service and hybrid

information sources, Cloudfind’s innovations are revolutionary and timely. Established in

2011, our vision is to simplify processes between information creators and users in the cloud era,

enabling businesses to operate with greater consistency, efficiency and transparency. Cloudfind

partners with Salesforce implementers and resellers to provide solutions in multiple verticals

including financial services, real estate, pharmaceuticals and healthcare. The company is

headquartered in Bath, UK.

www.cloudfindhq.com

 

For further information please contact:

Robert Curran, CMO Cloudfind +44 7771 888430 robert.curran[at]cloudfindhq[dot]com

Distributed on behalf of Cloudfind by NeonDrum news distribution service (http://www.neondrum.com)