Cloudinary Receives $100M Secondary Investment; Valued at $2 Billion
- Cloudinary, a Santa Clara, CA-based media experience cloud company that powers many of the world’s top brands, received a secondary investment from funds managed by Blackstone Growth (BXG)
- The transaction represents an investment of more than $100m and values Cloudinar y at $2 billion USD
- Blackstone has also committed to supporting the company’s future business expansion, including M&A
- The platform is the industry standard for developers, creators and marketers looking to manage, transform, and deliver images and videos online
- The company serves nearly 10,000 customers worldwide including leading brands like Atlassian, Bleacher Report, Bombas, Grubhub, Hinge, NBC, Mediavine, Minted, Peloton and Petco
