TMCnet News
Cloudinary Reaches $100 Million ARR Milestone, Cements Unicorn Status with Zero Outside InvestmentCloudinary, the media experience platform for many of the world's top brands, today announced that it reached the $100 million in annual recurring revenue mark in December 2021, cementing its status as a unicorn. The bootstrapped company also announced its acquisition of Indivio, an innovative video software company that helps modern marketing teams create and deliver high-performing, data-driven video campaigns faster and at scale. "To have reached this coveted financial milestone is a proud moment for all of us here at Cloudinary," said Cloudinary Co-founder and CEO Itai Lahan. "In the visual economy, videos and images are no longer just important elements of our experiences online - they are the experience. We're thrilled to be at the center of this new era, helping our customers more easily create and deliver the kinds of experiences consumers deserve." Cloudinary's spectacular trajectory underscores its leadership in visual media and the pandemic-driven market acceleration towards digital-first engagements driving unprecedented demand for customer experiences rich with dynamic images and video. b>Key 2021 Achievements
For more on these achievements and milestones, read Lahan's blog post here. To start using Cloudinary's media experience products today for free, click here. About Cloudinary Cloudinary's mission is to empower companies to deliver visual experiences that inspire and connect by unleashing the full potential of their media. With more than 50 billion assets under management and 9,000 customers worldwide, Cloudinary is the industry standard for developers, creators and marketers looking to upload, store, transform, manage, and deliver images and videos online. As a result, leading brands like Atlassian, Bleacher Report, Bombas, Grubhub, Hinge, NBC, Mediavine, Minted, Peloton and Petco are seeing significant business value in using Cloudinary, including faster time to market, higher user satisfaction and increased engagement and conversions. For more information, visit www.cloudinary.com.
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