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Cloud Power Capital has today announced a new fund created to invest in digital assets. The investment from this new fund will be used to invest in established online businesses, with a special focus on SaaS and eCommerce. The funding round was completed in just one month, with 95% of the funds raised coming from returning investors, confident in CPC’s performance and track record.Cloud Power Capital has invested between $5,000 to $500,000 in companies operating online, developing long lasting relationships over the past eighteen years in business. These investments have facilitated the sale of more than $30 million worth of online businesses, and the figure continues continue to grow.
The company manages the investment fund by using a proven process. The unique thing about Cloud Power Capital is their approach. They identify selected companies for acquisition, to discuss initial terms, before requesting statistics and asking the required questions. They then make an initial offer and negotiate terms. Once legal agreements have been signed, they can complete due diligence in just three days, before making final transactions.
The purchase is always designed to make the site more profitable, and often includes the option for owners to maintain an interest, as well as involvement in the development of the site. Talent retention is a key part of their successful strategy, the results of which have enabled them to complete such an impressive funding round in so little time.
Jerry Ullah, managing partner of Cloud Power Capital explained, “We are thrilled to have secured $10 million in capital to invest in online businesses around the world, that are revolutionizing how software as a service and ecommerce solutions can deliver for consumers. We invest in a diverse range of different ideas and concepts, and we target those who meet our brand values. We are focused, diverse and disruptive, and we want businesses that meet those criteria. Our website has a quick enquiry form for anyone looking to sell their website or any other type of online business.”
About Cloud Power Capital: Cloud Power Capital (CPC) is a Texas-based investment firm focused on early stage tech start-ups including SaaS and eCommerce. CPC's current portfolio includes more than 100 revenue generating websites and more than 2,000 domain names in a wide range of industries. In addition to their Texas headquarters, they have a team of more than 50+ designers, developers and internet marketers offshore.
Contact Info:
Name: Ali M.
Email: Send Email
Organization: Cloud Power Capital (CPC)
Address: 700 Lavaca ST#1420, Austin, Texas
Phone: 512-961-7166
Website: http://www.cloudpowercapital.com/
Release ID: 233491
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