Blue Cloud Ventures

Blue Cloud Ventures is a Miami-based venture capital fund specializing in software-as-a-service, infrastructure, and open source software companies.[1][2] The fund focuses primarily on growth stage companies with annual revenue between $10 and $50 million that are expected to reach an exit within three years.[3] Blue Cloud is noted for offering a relatively high degree of flexibility with regards to financing terms, including the exit timeline, board representation, and the amount of funding.[4]

Blue Cloud Ventures
TypePrivate Company
IndustryVenture Capital
Founded2012 (2012)
FounderMir Arif, Rami Rahal
HeadquartersFlorida
ProductsVenture capital, growth capital
Websitewww.bluecloudventures.com

Founding and Partnering

Blue Cloud was founded by Rami Rahal[5] and Mir Arif in 2012.[6] Both were working at Madison Park Group, a New York investment bank, which Arif was leading when Rahal, then 25 years old,[7] proposed the idea to him.[2] MassMutual is a contributor to at least two of Blue Cloud's funds.[8][9]

Investments

As of 2018, Blue Cloud had invested in at least 24 companies.[2] These investments include AFS Technologies,[10] BeyondTrust, later acquired by Veritas Capital,[11] BTI Systems,[5] CareCloud,[12] Cityworks, [13] Clari, an AI based sales service provider, [14] CloudBees,[15] Conductor, an SEO tool developer which was later acquired by WeWork, [16][17] Druva,[18] Doctor on Demand,[8] Evident ID,[19] Iterable,[20] Jazz.co (formerly Resumator) [21][22][23] Hireology,[24] Lattice Engines,[25] Lightbend,[26] NGINX, which was later acquired by F5 Networks,[27][28] OneLogin,[8] Reval,[29] Scribble Live,[30] Tapad,[5] Vidyo, and Wrike.[8]

See also

References
  1. "MENA Speaker Series - Rami Rahal (VC founder, Forbes 30 under 30)". orgsync.com. Retrieved 2019-10-23.
  2. "40 Under 40 - Rami Rahal". Crain's New York Business. 2018-03-25. Retrieved 2019-10-23.
  3. Gage, Deborah (2014-09-12). "Blue Cloud Ventures Targets Second Fund to Back Late-Stage Cloud Software". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-10-22.
  4. Cody, Steve (2014-06-20). "Why You Should Focus on Selling to Other Small Businesses". Inc.com. Retrieved 2019-10-26.
  5. Henry, Zoë (2016-01-04). "20 Young Entrepreneurs You Need to Know in 2016". Inc.com. Retrieved 2019-10-23.
  6. "40 Under 40 - Rami Rahal". Crain's New York Business. 2018-03-25. Retrieved 2019-10-23.
  7. "More than 25 from MIT named to Forbes 30 Under 30 lists in 2016". Institute for Medical Engineering & Science. 2016-01-07. Retrieved 2019-10-23.
  8. Goldfisher, Alistair (16 July 2018). "SaaS Growth Investor Blue Cloud Ventures wraps up its second institutional fund". Venture Capital Journal. Archived from the original on 2018-07-16.
  9. "Blue Cloud Ventures". Fundnel. Retrieved 2019-10-24.
  10. "Rami Rahal, 29". Forbes. Retrieved 2019-10-26.
  11. Osborne, Charlie. "Veritas Capital snaps up security firm BeyondTrust for $310 million". ZDNet. Retrieved 2019-10-23.
  12. "CareCloud raises $31.5 million in Series C for its cloud health care management platform". TechCrunch. 15 November 2016. Retrieved 2019-10-23.
  13. "Cityworks Announces New Investment Partners | Cityworks". 11 October 2016. Retrieved 2019-10-24.
  14. "Clari raises $35M for its AI-based sales platform, expands into marketing and supply chain management". TechCrunch. 21 March 2018. Retrieved 2019-10-23.
  15. "CloudBees Raises $23.5M Funding Round Led By Lightspeed Venture Partners". TechCrunch. 27 January 2015. Retrieved 2019-10-23.
  16. Chernova, Yuliya (2015-02-12). "Startup Conductor Lands $27M to Help Brands Emerge in Web Searches". WSJ. Retrieved 2019-10-23.
  17. "WeWork acquires SEO and marketing company Conductor". TechCrunch. 6 March 2018. Retrieved 2019-10-23.
  18. Peermohamed, Alnoor (2016-09-29). "Druva raises $51 mn in fresh funding led by Sequoia". Business Standard India. Retrieved 2019-10-23.
  19. "Term Sheet -- Thursday, May 9". Fortune. Retrieved 2019-10-24.
  20. "Iterable lands $50M Series C investment to expand cross-channel marketing platform". TechCrunch. 20 March 2019. Retrieved 2019-10-29.
  21. "Funding Daily: Face the music". VentureBeat. 2014-08-19. Retrieved 2019-10-23.
  22. "Cloud-Based Recruiting Platform Resumator Signs Up $15M in Growth Financing". Wall Street Journal. 2014-08-19. ISSN 0099-9660. Retrieved 2019-10-23.
  23. "The Resumator Relaunches As Jazz, Aims To Bring Data To The Recruiting Process". TechCrunch. 23 June 2015. Retrieved 2019-10-29.
  24. "Hireology raises $12 million to tackle health care". Crain's Chicago Business. April 12, 2019. Retrieved 2019-10-23.
  25. "Lattice Engines latest funding further validates predictive sales analytics". diginomica. 2015-06-10. Retrieved 2019-10-23.
  26. "Intel Invests in Lightbend and Its Scala Language". Fortune. Retrieved 2019-10-29.
  27. Schubarth, Cromwell (March 13, 2019). "The Funded: 3 Bay Area fundings, a big sale and 3 new funds top midweek news". Silicon Valley Business Journal. Archived from the original on 2019-06-05.
  28. "F5 Acquires NGINX to Bridge NetOps & DevOps, Providing Customers with Consistent Application Services Across Every Environment". NGINX. Retrieved October 23, 2019.
  29. Forget, Abigail (April 2, 2018). "Four Alumni Named to Crain's "40 Under 40" List". The Low Down. Retrieved 2019-10-24.
  30. "ScribbleLive raises $35 million Series D". BetaKit. 2015-09-23. Retrieved 2019-10-26.


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