Overview
- The B2 tranche includes a mix of primary and secondary capital, closing CloudSEK’s extended Series B and taking total funding to about $29 million.
- The company says the raise values the business at an enterprise valuation close to $200 million.
- CloudSEK will establish a regional hub in Connecticut and expand its U.S. team from five to 15 by March, targeting around 20 within 12–18 months.
- The firm reports serving more than 300 enterprises globally and plans to lift its workforce from roughly 250 to about 300 by March.
- Connecticut Innovations selected CloudSEK following its VentureClash pitch and says it will support the U.S. build-out, while CloudSEK currently counts about 20 U.S. clients and aims to grow that markedly over the next year.