Cloud&Heat Technologies GmbH
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Cloud&Heat Technologies GmbH - overview
Established
2011
Location
Dresden, -, Germany
Primary Industry
IT Infrastructure
About
Cloud&Heat Technologies GmbH focuses on delivering energy-efficient cloud services and technology solutions that cater to the needs of businesses, emphasizing sustainability and infrastructure optimization. Cloud&Heat Technologies GmbH, founded in 2011 in Dresden, Germany, specializes in providing tailored cloud services. The company has undergone strategic growth and received a total funding amount of EUR 10 million from its Series B round on September 11, 2018, led by ETF Partners and supported by Inven Capital. The firm was co-founded by Jens Struckmeier, Karin F, and Nicolas Röhrs, who also serves as the CEO.
Cloud&Heat Technologies GmbH specializes in tailored cloud services and technology solutions, with a focus on energy efficiency and sustainable infrastructure. Their core offerings encompass Infrastructure-as-a-Service (IaaS) and managed Kubernetes services, facilitating seamless application deployment and management. The company also provides on-premises cloud infrastructures and appliances, specifically designed to meet client needs while ensuring optimal performance. Their solutions target enterprises across various sectors including IT, energy, and telecommunications, throughout Europe, emphasizing a commitment to green technology and efficient resource management.
In the most recent financial year of 2020, Cloud&Heat reported a revenue of EUR 5,367,433. 80 and an EBITDA of EUR -4,446,649. 10, indicating operational challenges alongside their revenue generation activities through subscription-based services and bespoke project engagements. Cloud&Heat Technologies GmbH plans to leverage the EUR 10 million raised in their Series B funding to enhance their product offerings and expand into new markets.
They are focusing on launching new solutions to optimize cloud service efficiency and are targeting additional markets across Europe by 2022. The recent funding will support these initiatives as they aim to solidify their market presence and improve their service capabilities.
Current Investors
ETF Partners, Inven Capital
Primary Industry
IT Infrastructure
Sub Industries
Hardware, IT Infrastructure
Website
www.cloudandheat.com
Verticals
Cloud Computing
Company Stage
Series B
Total Amount Raised
Subscriber access only
Cloud&Heat Technologies GmbH - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - | - | - | 15,480,000 | 2,098,987.9 | 4,700,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - | (86.4%) | 123.9% | - | - | - |
| EBITDA (USD) | - | - | - | - | - | - | - | (2,591,037.3) | (6,859,812.5) | (3,893,713.7) | - | - | - |
| Operating Income (USD) | - | - | - | - | - | - | - | (3,140,034.5) | (7,565,342.9) | (4,837,253.7) | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | (20.3%) | (360.4%) | (102.9%) | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | - | (16.7%) | (326.8%) | (82.8%) | - | - | - |
| NET Income (USD) | (1,387.3) | - | (2,309,499.4) | (4,218,864.2) | (2,879,579.2) | (2,476,919.5) | (3,681,217.4) | (3,483,988.4) | (7,790,354.1) | (5,354,896.3) | - | - | - |
| % Net Margin | - | - | - | - | - | - | - | (22.5%) | (371.1%) | (113.9%) | - | - | - |
Cloud&Heat Technologies GmbH - employee data
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