Cloud9 is a technology company.
Cloud9 has raised $78.0M across 3 funding rounds.
Cloud9 has raised $78.0M in total across 3 funding rounds.
Cloud9 has raised $78.0M in total across 3 funding rounds.
Cloud9's investors include Stuart Peterson, Cowles Ventures, Craft Ventures, Founders Fund, Liquid 2 Ventures, Seven Seven Six, Signia Venture Partners, Social Capital, Transformation Capital, James Hong, Josh Yguado, Bloomberg Beta.
# Cloud9 Technologies: High-Level Overview
Cloud9 Technologies is a cloud-based communications platform that digitizes voice trading for institutional financial markets.[1][5] Founded in 2014 and headquartered in New York, the company provides a secure, cloud-native solution that enables traders to conduct voice communications, access liquidity pools, and manage trading workflows remotely—transforming how financial institutions operate distributed trading desks.[1][5] The platform captures, preserves, and surveils trading interactions to meet regulatory compliance requirements, addressing a critical need that became especially acute during the shift to remote work across the financial services industry.[1]
Cloud9 solves a fundamental problem: legacy voice trading platforms had stagnated technologically, forcing traders to rely on outdated infrastructure even as the industry modernized. By moving voice trading to the cloud, Cloud9 enables institutional traders to maintain full trading floor functionality from anywhere, with real-time audio, metadata, and transcription capabilities integrated into a single platform.[1][5] The company raised $61.5 million across multiple funding rounds before being acquired by Symphony, a leading financial markets infrastructure platform, in June 2021.[1]
# Origin Story
Cloud9 Technologies emerged in 2014 when founders recognized an opportunity to modernize voice communications in financial trading—an industry segment that had largely resisted technological disruption.[1][2] The founding team identified that while virtual trading floors became essential during COVID-19, the underlying technology infrastructure remained fragmented and outdated.[1] This insight positioned Cloud9 to capture a market inflection point where regulatory requirements, distributed workforces, and digital transformation converged.
The company's early traction came from designing solutions specifically for the compliance and functional needs of institutional traders, rather than attempting to retrofit generic communication tools to financial markets.[2] This specialized focus attracted institutional clients and venture capital, culminating in a Series B round of $17.5 million and total funding of $61.5 million before acquisition.[2]
# Core Differentiators
# Role in the Broader Tech Landscape
Cloud9 represents a broader trend of fintech modernization targeting legacy financial infrastructure. The company rode several converging waves: the regulatory push for electronic surveillance of trading communications, the COVID-19 acceleration of remote work, and institutional investors' growing appetite for cloud-native financial technology.
The timing proved critical. As traditional voice trading platforms showed little innovation, Cloud9 filled a gap that affected thousands of institutional traders globally. By 2021, the company had demonstrated sufficient market validation and strategic importance that Symphony—a major financial infrastructure player—acquired it to strengthen its position in market communications.[5] This acquisition signals that cloud-based voice trading is no longer a niche offering but a core capability for modern financial platforms.
Cloud9's influence extends beyond its direct product: it legitimized the idea that financial trading infrastructure could be reimagined for the cloud era, potentially inspiring similar modernization efforts across other legacy financial systems.
# Quick Take & Future Outlook
Cloud9 exemplifies how specialized fintech companies can create outsized value by solving deeply specific problems in regulated industries. Rather than competing on breadth, the company won by understanding institutional traders' unique compliance, workflow, and performance requirements better than generalist communication vendors.
Under Symphony's ownership, Cloud9's technology will likely accelerate adoption across a broader set of financial institutions, particularly as hybrid and remote trading becomes permanent. The company's future influence will depend on how effectively Symphony integrates Cloud9's capabilities into its broader platform ecosystem and whether it can expand beyond voice trading into adjacent market communications challenges. The acquisition validates that cloud-native financial infrastructure is no longer optional—it's becoming table stakes for institutions competing in modern markets.
Cloud9 has raised $78.0M across 3 funding rounds. Most recently, it raised $50.0M Series B in October 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2018 | $50.0M Series B | Stuart Peterson, Cowles Ventures, Craft Ventures, Founders Fund, Liquid 2 Ventures, Seven Seven Six, Signia Venture Partners, Social Capital, Transformation Capital, James Hong, Josh Yguado | |
| Oct 1, 2017 | $25.0M Series A | Stuart Peterson, Bloomberg Beta, Cowles Ventures, Craft Ventures, Crosscut Ventures, DST Global, Felicis Ventures, Founders Fund, Piva Capital, Propeller VC, Raine Ventures, SciFi VC, Signia Venture Partners, Transcend Fund, Transformation Capital, Vertex Ventures, Andy Bechtolsheim, Brad Garlinghouse, Evan Williams, Georges Harik, James Hong, Joi Ito, Marc Benioff | |
| Mar 1, 2017 | $3.0M Seed | Stuart Peterson, Cowles Ventures, Crosscut Ventures, CRV, DST Global, Founders Fund, Liquid 2 Ventures, Raine Ventures, Signia Venture Partners, Social Capital, Transcend Fund, Transformation Capital, Ali Moiz, James Hong |