Cleo
Company

Last deal

Amount

Private Equity

Stage

09.06.2021

Date

3

all rounds

$3.5M

Total amount

date founded

Financing round

General

About Company
Cleo provides enterprise integration software solutions for managed file transfer, network fax, and interactive messaging activities.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Cleo Communications

founded date

01.01.1976

Number of employees

Company Type

For Profit

Last funding type

Private Equity

IPO status

Private

Description

Cleo's hybrid integration software helps businesses to secure, manage, and consolidate data while meeting the most comprehensive requirements of multi-protocol communications. Their flagship managed file transfer solution, Cleo VLTrader, helps businesses across numerous vertical industries to save money, optimize IT resources, consolidate communications, streamline workflows, control ad hoc communications, and meet both SLAs and regulatory compliance mandates. Cleo's approach gives customers strategic visibility into the critical end-to-end business flows happening across their ecosystems, empowering organizations to drive business agility, accelerate onboarding, facilitate modernization of key business processes, and capture new revenue streams by reimagining and remastering their B2B, application, and data integrations.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Acquired by

Alpine Investors

announced date

02.04.2012

Financials

Funding Rounds
3
3

Number of Funding Rounds

$3.5M

Money Raised

Their latest funding was raised on 09.06.2021. Their latest investor Saratoga Partners. Their latest round Private Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
H.I.G. Capital

H.I.G. Capital

H.I.G. Capital provides debt and equity capital to small and mid-sized companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Miami, FL, USA

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3

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$37.5M

count Of Investments

144

count Of Exists

47
Peterson Partners

Peterson Partners

Peterson Partners: independent investment firm partnering with exceptional entrepreneurs in alternative assets.

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Investment Banking and Brokerage Services

Subsector

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count Of Investments

19

count Of Exists

2
Co-Investors
Investors
3
2

Number of lead investors

3

Number of investors

Investor 
Lead 
Round 
Partners 
No
Debt Financing
Yes
Venture - Series Unknown
Saratoga Partners

Saratoga Partners

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144

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Peterson Partners

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H.I.G. Capital

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Timur Akazhanov

Timur Akazhanov

Acquisitions
2
Electronic Commerce Solutions (ECS) International acquired by Cleo

Electronic Commerce Solutions (ECS) International acquired by Cleo

acquirer

Cleo
Cleo

date

14.12.2023

type

Acquisition
Electronic Commerce Solutions (ECS) International

Electronic Commerce Solutions (ECS) International

ECS International specializes in digital transformation for businesses and their partners.

Sector

Industrial Support Services

Subsector

Professional Business Support Services

Location

Zwaag, Netherlands
EXTOL International acquired by Cleo

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acquirer

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Cleo

date

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type

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EXTOL International

EXTOL International

EXTOL International reduces integration project costs and time-to-production through automation technology.

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Subsector

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Keywords

Software, Information Technology, Industrial Automation

Location

Pottsville, PA 17901, USA

People

Founders
1
Chitra Akileswaran
Chitra Akileswaran

Chitra Akileswaran

Ob/Gyn+entrepreneur | @harvardmed @harvardHBS @ucsf | Interested in tech and analog solutions for improving pregnancy, childbirth, women's health.

current job

Cleo
Cleo

organization founded

2

Chitra Akileswaran

Employee Profiles
150
Nathaniel Jordan

Nathaniel Jordan

Account Manager

Lena Kimball

Family guide

Michelle Gile

Head of sales

Paul Garino

Senior account executive

Wesley Johnson

It manager

Trisha Suri

Design lead and senior product designer

Pamala Mcglinchey

Senior director, customer success

Dylan Lee

Director of product marketing

Activity

Recent News
13
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

week