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Cake Technologies is a technology company.
CAKE.com Inc. provides a comprehensive productivity suite designed to streamline operations for businesses globally, integrating time tracking, team communication, and project management tools. Its core offerings, Clockify, Pumble, and Plaky, empower organizations to enhance efficiency across various functions, from managing workloads and tracking project timelines to facilitating real-time collaboration and automating administrative tasks. The platform aims to consolidate essential business tools into a cohesive and user-friendly experience.
The company was established in 2009 by Nenad Milanović, who serves as Founder and CEO. Initially, the firm focused on developing software for other entities. The pivotal insight that led to its current trajectory emerged from Milanović's personal need for a simple, accessible time-tracking solution, which he found lacking in existing market options. This led to the independent development and 2017 launch of Clockify, laying the groundwork for CAKE.com's evolution into a prominent provider of business productivity software.
CAKE.com serves a diverse clientele, ranging from small and medium-sized businesses to large enterprises seeking to optimize their workflows and improve team collaboration. The company’s vision centers on enabling businesses to achieve greater productivity and operational clarity through intuitively designed software. It aims to continually integrate and refine its suite of tools, ensuring they remain robust solutions for managing complex organizational demands and fostering efficient work environments.
Cake Technologies has raised $5.0M across 1 funding round.
Cake Technologies has raised $5.0M in total across 1 funding round.
Cake Technologies (also known as Cake AI) is a technology company building a fully managed, modular AI infrastructure platform that accelerates AI product development for diverse teams. It enables companies to run LLM-powered apps and ML pipelines with built-in open source tools, security, and compliance, solving the "platform glue" problem that slows down AI projects.[1]
The platform serves engineering teams and companies developing AI-powered products, abstracting infrastructure complexities to speed up market delivery and scaling. Cake's mission is to accelerate AI's widespread distribution, ensuring frontier innovations tackle humanity's toughest challenges, with strong growth in the AI infrastructure space.[1]
Cake was founded in 2016 by a team of seasoned AI infrastructure veterans and open source contributors.[1][2] The idea emerged from observing patterns across hundreds of real-world ML and AI projects, where no single tool was the bottleneck—instead, it was the lack of cohesive platform integration.[1]
Inspired by powerful open source components and the "compound startup" model, the founders created Cake as a solution. Early focus evolved from general software services—potentially including mobile web accessibility—to specialized AI infrastructure, with leadership based in Utah.[1][3] Pivotal traction came from addressing real-world deployment pain points, leading to adoption for production AI apps today.[1]
Cake stands out in the crowded AI infrastructure market through these key strengths:
Cake rides the explosive growth of AI infrastructure, fueled by the proliferation of open source LLMs and the need for scalable deployment tools amid a "compound startup" boom.[1] Timing is ideal as enterprises shift from experimental AI to production-grade apps, with market forces like rising compute costs and compliance demands favoring managed platforms over DIY setups.[1]
By democratizing AI tooling, Cake influences the ecosystem through open source advocacy and faster innovation cycles, empowering smaller teams to compete with AI giants and broadening access to frontier tech.[1]
Cake is poised for expansion as AI adoption deepens, potentially targeting enterprise verticals like healthcare and finance where secure, modular infra shines. Trends like agentic AI and multimodal models will amplify demand for its glue-like platform, while open source momentum strengthens its moat.[1]
Its influence could grow via partnerships or acquisitions, evolving from niche accelerator to ecosystem cornerstone—tying back to its core mission of distributing AI to solve humanity's hardest problems.[1]
Cake Technologies has raised $5.0M in total across 1 funding round.
Cake Technologies's investors include Sid K., Album VC, Greycroft, M.G. Siegler, Kickstart Fund, Nokia Growth Partners, Origin Ventures, Zetta Venture Partners, Marc Benioff, MG Siegler, Benjamin Lambert.
Cake Technologies has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in January 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2018 | $5.0M Seed | Sid K. | Album VC, Greycroft, M.G. Siegler, Kickstart Fund, Nokia Growth Partners, Origin Ventures, Zetta Venture Partners, Marc Benioff, MG Siegler, Benjamin Lambert |