CloudOn Closes $16M Series B Funding

CloudOn, a Palo Alto-based provider of mobile productivity solutions, has closed a $16m Series B funding.

Th round was led by The Social+Capital Partnership (Social+Capital) with participation from Translink Capital and existing investors Foundation Capital and Rembrandt Venture Partners.

The company intends to use the funding to scale business operations and develop a productivity workspace available on any mobile device, which will make it easy to create, review, edit, share, track and annotate information.

In conjunction with the funding, Mamoon Hamid, General Partner at Social+Capital, has joined the company’s Board of Directors.

Launched in January 2012 by CEO Milind Gadekar, CloudOn lets users open, create, edit, and share Word, Excel, PowerPoint and PDF email attachments directly in their workspace. The company has partnered with Microsoft, Adobe, Dropbox, Box and Google, and is working to continue to grow its partnerships to integrate more applications and storage solutions into its workspace. It will also be expanding to additional platforms, including smartphones and PCs.
CloudOn is available in the Apple App Store and Google Play.

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