CloudSwyft founder and CEO Dann Angelo De Guzman said Future Now Ventures founder and CEO John Orrock is the principal investor.
De Guzman said the VC investment is a significant amount to further build and market the company in the enterprise business-to-business (B2B) space.
The 26-year-old technoprenuer said CloudSwyft’s vision is to change the way people learn and prove technology skills in the IT industry, by delivering a SaaS (Software-as-a-Service) solution which provides IT-Labs-as-a-Service for IT skills assessments and capability development (training). CloudSwyft offers the platform without the need to purchase and manually set up hardware and software tools.
“We are lucky to be a Startup Investee of Future Now Ventures, seriously,” De Guzman said. “As a tech startup targeting the Enterprise (B2B) space, we intended to be just laser-focused on execution. Unfortunately, we think that there is already a lot of noise in the startup scene, so we just really decided to focus on silently getting traction and creating more customers while we also iterate our product.”
De Guzman and his team were glad to be backed up by Orrock who has a proven track record of success in the Enterprise SaaS and cloud space. Orrock has created companies such as Okere LLC and Cloud Sherpas that were later acquired by Fujitsu and Accenture, respectively.
“This definitely reflects a great fit for CloudSwyft which targets the same industry,” De Guzman said, who used to be a tech employee at Accenture.
Founded last April 2015, CloudSwyft has so far created its CloudSwyft Suite, currently composed of two products, namely the Tech Assessment Platform and Tech Training Platform.
The technology group of the company is led by its chief technology officer (CTO) Ellard Capiral, who is an ex-Trend Micro Software Architect. CloudSwyft is currently a team of nine people, including its interns.
In a span of less than 12 months, CloudSwyft was able to work with some major global companies like Microsoft, Fujitsu, Cloud Sherpas (now part of Accenture), among others.
“As 2016 kicked off, we started working very closely with Microsoft, given that we’re also one of their BizSpark startup partners. We have initially got presence from both the Philippines and Hong Kong,” De Guzman said.
He noted the training and recruitment market is a mature industry and the company sees its solution entering not just the hyper-local market, but also the global scene.
“There are no key players in this space yet, so it is a tremendous opportunity for us to execute on our aim to be the status-quo in this industry,” De Guzman said. “Indeed we are excited to continue our focus on improving our product, building our sales team and in acquiring more customers. This market is just so huge, and we’re just getting started.”