MCloud is an IoT connected asset care cloud solution company.
MCloud creates a future with the use of AI and analytics, curbing energy waste, maximizing energy production, and getting the most out of critical energy infrastructure. Through mCloud’s AI-powered AssetCare platform, the company offers complete asset management solutions to three distinct segments: smart facilities, power generation, and process industries including oil and gas. IoT sensors bring data from connected assets into the cloud, where AI and analytics are applied to maximize their performance.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 28, 2022 | Post-IPO Equity | $10.50M | — | — | — | Detail |
Nov 10, 2022 | Post-IPO Equity | $18M | — | — | — | Detail |
Nov 25, 2021 | Post-IPO Debt | $5M | 1 | ATB Financial | — | Detail |
Jan 22, 2021 | Post-IPO Debt | $6.18M | — | — | — | Detail |
Jul 16, 2020 | Post-IPO Equity | $15.50M | — | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
ATB Financial | Yes | Post-IPO Debt |
mCloud has acquired 7 organizations. Their most recent acquisition was NGRAIN on Jan 5, 2018. They acquired NGRAIN for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Jan 5, 2018
NGRAIN
|
3D Technology | acquisition | — | Detail |
Aug 9, 2019
Fulcrum Automation Technologies
|
Analytics | acquisition | — | Detail |
Aug 9, 2019
Autopro Automation Consultants
|
Industrial Automation | acquisition | — | Detail |
Jan 27, 2020
Construction Systems Associates
|
Information Technology | acquisition | — | Detail |
Feb 10, 2020
BuildingIQ
|
Energy | acquisition | — | Detail |