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2024 Revenue

$2.5M

Funding

$1.8M

YOY

59.2%

Team

16

Founded

2018

How CloudBackend CEO Daniel Arthursson grew to $2.5M revenue with a 16 person team in 2024.

CloudBackend makes sure edge cloud computing works throughout the world by enabling data and application roaming across all available edge and cloud infrastructures providing customers with a single industrialized distributed cloud that abstracts underlying differences and acts as one.

We build a global edge cloud, initially focused on automotive and IoT, but will eventually open up for any developer. Our goal is to disrupt conventional clouds with distributed edge computing. We provide the software to unify all edge clouds and broker the capacity of all infrastructure with zero CAPEX.

CloudBackend uniquely ties together Edge Cloud Computing and Serverless Computing and completely removes the need of running your own code at the edge. By providing a no touch edge that automatically makes data available on demand whenever requested, the cloud can finally become industrialized. Customers in industries such as telecom, automotive, consumer electronics, industrial automation, and IoT,

Last updated

CloudBackend Revenue

In 2024, CloudBackend's revenue reached $2.5M. The company previously reported $1.6M in 2023. Since its launch in 2018, CloudBackend has shown consistent revenue growth.

CloudBackend Revenue GrowthReported revenue / ARR over time$0$600K$1.2M$1.8M$2.4M$3M2018201920202021202220232024$0$1.1M$1.6M$2.5MSource: GetLatka.com
YearMilestoneQuote
2024CloudBackend Hit $2.5m revenue in October 2024
2023CloudBackend Hit $1.6m revenue in December 2023
2021CloudBackend Hit $1.1m revenue in April 2021
2018Launched with $0 revenue

CloudBackend Valuation, Funding Rounds

CloudBackend has not publicly disclosed its valuation. The company has raised $1.8M in total funding to date.

CloudBackend has raised $1.8M in total funding across 1 round, with its most recent round in 2019.

CloudBackend Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$400K$0.4$800K$0.6$1.2M$0.8$1.6M$1$2M20182019Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2019Funding round$1.8M--

Founder / CEO

Daniel Arthursson

CEO

Daniel Arthursson is the founder and CEO of CloudBackend and Xcerion. Xcerion is an innovation company in the Internet industry that has a portfolio of Internet related businesses.

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Customers

We do not have customer count information for CloudBackend yet.

CloudBackend Employees & Team Size

CloudBackend employs approximately 16 people as of 2026.

CloudBackend Team GrowthReported headcount over time05101520252018201920202021202220232024001616Source: GetLatka.com
YearMilestone
2024Reached 16 employees (October 2024)
2023Reached 16 employees (December 2023)
2022Reached 20 employees (December 2022)
2021Reached 13 employees (December 2021)
2021Reached 13 employees (April 2021)

Frequently Asked Questions about CloudBackend

What is CloudBackend's revenue?

CloudBackend generates an estimated $2.5M in annual revenue.

Who founded CloudBackend?

CloudBackend was founded by Daniel Arthursson.

Who is the CEO of CloudBackend?

The CEO of CloudBackend is Daniel Arthursson.

How much funding does CloudBackend have?

CloudBackend raised $1.8M across 1 round.

How many employees does CloudBackend have?

CloudBackend has 16 employees.

Where is CloudBackend headquarters?

CloudBackend is headquartered in Linköping, Sweden.

Compare CloudBackend to the industry

CloudBackend operates across multiple industries. Browse revenue, funding, and growth data for CloudBackend in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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