Funding announcement
Cloudwerx heightens AI and data play with Lightfold purchase
Salesforce consultancy Cloudwerx has bought data and AI firm Lightfold, its first acquisition since CVC Emerging Companies invested in 2022.
Company
Cloudwerx
Sydney, NSW
Funding history
Investors
Every investor coverage indicates participated in a round Cloudwerx raised.
What Cloudwerx bought
Companies Cloudwerx acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
People
| Name | Role | Sources |
|---|---|---|
| Roger Burgess | Chairman | ARN (ARNnet) |
| Roger Burgess | Non Exec Chairman | ARN (ARNnet) |
| Toby Wilcock | CEO | ARN (ARNnet) |
Coverage
Stories naming Cloudwerx. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Unnamed stage
$7m
Cloudwerx raises $7M for expansion efforts
Sydney IT consultancy Cloudwerx has raised $7 million from CVC Emerging Companies Fund, its first external capital, to fund expansion, double staffing and pursue acquisitions.