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§ Private Profile · Durham, NC, USA
Human-in-the-loop AI solutions provider offering data annotation and AI model development for AI and machine learning teams.
CloudFactory is a Reading, United Kingdom-based enterprise technology company that provides human-in-the-loop artificial intelligence solutions by combining machine intelligence with skilled human workers to develop and deploy enterprise AI models from idea to production. The enterprise platform handles data annotation, error correction, and edge cases to improve AI performance across real-world applications through an on-demand, API-driven workforce. Operating with a global scale of approximately 700 employees, the organization supplies paid AI data services and modular human-in-the-loop workforce solutions to enterprise machine learning teams. Under the leadership of Chief Executive Officer Kevin Johnston, the company serves over 700 enterprise clients and recently expanded its product offerings with the launch of Accelerated Annotation for commercial vision AI projects. Originally established in Kathmandu, Nepal, before relocating its global headquarters to the Thames Valley, CloudFactory was founded in 2010 by Mark Sears.
Cloud Factory has raised $79.3M across 5 funding rounds.
Cloud Factory has raised $79.3M in total across 5 funding rounds.
Cloud Factory Technology Holdings Limited (stock code: 02512.HK) is a publicly listed Chinese technology company specializing in edge computing and AI services, providing Internet data center (IDC) solutions, edge-cloud infrastructure, and ICT services.[1][4] It builds products like EdgeCDN for content delivery, EdgeAIoT for AI-enabled IoT, EdgeAIStation for AI computing, and platforms such as LjyCSP and LjyMFT, serving cloud providers, internet companies, and blue-chip enterprises primarily in China.[1][4] The company solves challenges in edge computing scalability, AI deployment, and data center management through a nationwide edge-node network and full-stack capabilities, driving sustainable profitability as the first listed edge-cloud firm in its market.[1]
Founded in 2013 and headquartered in Wuxi, it emphasizes technological innovation, prudent operations, and investor transparency to enhance market value amid growing demand for edge and AI infrastructure.[1][4]
Cloud Factory Technology Holdings Limited was established in 2013 in Wuxi, Jiangsu Province, China, as a provider of IDC and ICT services, later evolving into a leader in edge computing under the Lingjing Cloud brand.[1][4] It operates as a subsidiary of Ru Yi Information Technology Co., Ltd., with a focus on building robust infrastructure like colocation, edge nodes, and AIoT platforms.[1][4] Key milestones include its public listing on the Hong Kong Stock Exchange (02512.HK), recognition as the first listed edge-cloud company, and expansion into a comprehensive ecosystem spanning EdgeCDN, computing scheduling, AIoT, and large model services.[1] Early development centered on serving domestic cloud and internet firms, with pivotal growth through nationwide network deployment and emphasis on profitability.[1][4]
Cloud Factory Technology rides the explosive growth of edge computing and AI services in China, where demand for low-latency processing, AIoT integration, and distributed cloud infrastructure surges amid 5G rollout and digital transformation.[1] Timing aligns with national pushes for tech self-reliance and edge-cloud adoption, positioning it ahead of peers in a market favoring profitable, listed players over speculative ventures—evidenced by its robust infrastructure amid sector P/E volatility (99.9x vs. sector -12.5x).[1][4] Market forces like rising data volumes from IoT and AI models amplify its edge-node advantages, influencing China's ecosystem by enabling blue-chip firms to scale AI without heavy capex, fostering broader adoption of edge-AI hybrids.[1][4]
Cloud Factory Technology is primed to deepen its edge-cloud and AI dominance through R&D investments and ecosystem expansion, targeting high-quality growth in AIoT and large models.[1] Trends like AI inference at the edge and China's cloud sovereignty will propel it, potentially improving valuations (current P/B 3.0x aligns with sector) via profitability gains.[1][4] Its influence may evolve from infrastructure enabler to AI service leader, sharing long-term value with shareholders as edge computing matures—reinforcing its role as a capital market standout in China's tech surge.[1]
Cloud Factory has raised $79.3M in total across 5 funding rounds.
Cloud Factory's investors include Change Ventures, Acequia Capital, AlleyCorp, Bling Capital, Catapult Capital, Contrarian Ventures, Dreamers VC, FJ Labs, Khosla Ventures, L Catterton Growth, Moxxie Ventures, Pareto Holdings.
Cloud Factory has raised $79.3M across 5 funding rounds. Most recently, it raised $2.0M Seed in October 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2022 | $2M Seed | Change Ventures | Acequia Capital, AlleyCorp, Bling Capital, Catapult Capital, Contrarian Ventures, Dreamers VC, FJ Labs, Khosla Ventures, L Catterton, Moxxie Ventures, Pareto Holdings, Scribble Ventures, SID Venture Partners, Tapas Capital, TWO Small Fish Ventures, Adrian Aoun, Ameet Ranadive, Artis Kehris, BOB Young, Bradley Horowitz, Evan Moore, Gokul Rajaram, James Blouzard, Joshua Schachter, Kevin LIN, Kevin Weil, Mantas Mikuckas, Markus Villig, Martin Henk, Martin Villig, OTT Kaukver, Pete Koomen, Ragnar Sass, Richard Branson, Rohini Pandhi, Scott Belsky, Steve Chen, Thomas Plantenga, Varsha RAO, Andrius Å Limas, Superhero Capital | Announced |
| Nov 20, 2019 | $65M Venture Round | Alex Mason | SAM Weatherford | Announced |
| May 24, 2017 | $7.3M Series B | — | Dolma Impact Fund, The Social Entrepreneurs' Fund | Announced |
| Feb 13, 2015 | $2M Venture Round | Mamadou Biteye | — | Announced |
| Oct 10, 2014 | $3M Series A | David Clouse | — | Announced |