CloudSense's meteoric rise continues with Future Fifty inclusion
CloudSense joins Tech City’s Future Fifty
March 07, 2018
We’re proud to announce CloudSense is joining the Future Fifty, Tech City’s program for the UK’s fastest growing, late-stage tech companies.
CloudSense is one of 26 new companies to join the Future Fifty for 2018. The chosen companies were identified as having unique opportunities to scale and become UK tech powerhouses by a judging panel made up of the some of the UK’s most successful entrepreneurs and investors.
Future Fifty companies have an outstanding track record. Since the program’s launch in 2013, the 103 companies that have taken part have collectively:
• Raised $5.5 billion
• Created 27,000 jobs
• Seen 28 exits (5 IPOs and 23 mergers and acquisitions).
CloudSense’s rise is rooted in our ability to help brands that are being disrupted, transform to become the disruptors. With CloudSense, organizations sell more, launch products faster and reduce costs by providing frictionless, digital-first customer experiences, all on Salesforce.
Joining the Future Fifty caps a remarkable few months for CloudSense. In February, we were recognized as having the most complete vision in Gartner’s first-ever Magic Quadrant for Configure, Price and Quote (CPQ) Application Suites. This achievement was made all the sweeter by our standing as the youngest company featured on this Magic Quadrant.
Prior to that, last November, we announced a $77 million investment from Vector Capital. The funding will further accelerate our growth and product development – ensuring we can carry out our market-leading vision.
“Joining the Future Fifty and being recognized as one of UK’s burgeoning tech businesses is another hugely exciting step for CloudSense. There’s an enormous opportunity to tap into the expertise of the current Future Fifty network, as well as its exceptional alumni who have scaled the heights we aspire to reach,” said Richard Britton, CloudSense CEO and Co-Founder.
Richard continued, “It’s been an exceptional few months for CloudSense. Following our recognition as a visionary by Gartner at the start of this year, being a part of the Future Fifty only gives us more momentum. Alongside Vector’s investment, and a number of impressive recent customer wins, we continue to add further credence to our ever-growing capability to execute our vision faster, for more customers.”
The Future Fifty offers its members a range of benefits including access to leading advisors, promotional opportunities and an expert network made up of the UK Government, alongside Future Fifty peers and alumni. You can read more about the program and its members here.