CloudFuze Raises $750,000 in Angel Funding to Further Product Development and Business Growth

Recent funding and vote of investor confidence fuels CloudFuze’s efforts to accelerate market adoption.

CARY, NC – July 23, 2013 – CloudFuze, a leader in cloud storage services management, has announced the completion of a round of angel investor funding, raising $750,000 from a group of Silicon Valley-based investors. The recent investment supplements initial capital funding provided by CloudFuze Founder and CEO Ravi Poli, and will be used to further develop the CloudFuze suite of products and ramp up efforts to bring the products to market.

CloudFuze was officially founded after nearly a year of work on the product concept. Since then, company developments have been swift, with both desktop and Android applications of CloudFuze’s cloud storage service management platform being released within months.

“This investment round is a strong testament to what our team has accomplished in a very short period of time since the company founding in October of last year,” says CEO Poli.

CloudFuze continues to expand its cloud storage service support and the functionality of the platform. The latest round of funding from angel investors will enable CloudFuze to accelerate product development and drive ongoing efforts to bring its products to market.

“This angel funding provides the resources we need to accomplish our vision of providing a universal platform that leverages mobility and cloud technologies,” Poli remarks. “CloudFuze is working hard to usher in a new generation of content and document management that enables greater workplace productivity and changes the world of business as we know it.”

CloudFuze is scheduled to release two new versions of its cloud storage services management product in the fall – an iOS version and a web application.