In Mind Cloud, a Munich, Germany-based provider of a cloud manufacturing sales platform, closed a €16m Series B financing round.
The round was led by Digital+ Partners, with participation from existing investors.
The company intends to use the funds to build up its sales & marketing organization across China, Germany and the US, whilst making investments in global customer support.
Founded in 2012 and led by Dr. Christian Cuske, CEO, In Mind Cloud provides manufacturing and engineering businesses with a cloud based sales platform, “Manufacturing X”, which combines CRM and CPQ with production expertise and real-time manufacturing data, workflows and business intelligence.
Today, the company is serving a global blue-chip customer base across multiple manufacturing verticals, including Benteler in Germany, Mindray Medical in China and Netafim in Israel.
In Mind Cloud is operating globally through its offices in Germany, Singapore, China and a high-value partner network.