CloudOn – yes, the company known best for bringing Microsoft Office to the iPad – has just closed a $16 million Series B round led by The Social+Capital Partnership with participation from Translink Capital as well as existing investors Foundation Capital and Rembrandt Venture Partners. Mamoon Hamid, General Partner at Social+Capital, will now join CloudOn’s Board of Directors as a part of the funding.
The raise speaks to the demand for traditional productivity software on the iPad, but also hints at bigger plans for the startup, which has a vision that re-imagines how productivity should work in the new mobile age.
The app, for those unfamiliar, lets users view, edit, save and share their files, as well as access files from cloud storage services like Dropbox, Box and Google Drive. In Office, editing even includes things like tracking changes in Word, manipulating pivot tables in Excel and viewing PowerPoint slideshows in full presentation mode – features you wouldn’t necessarily expect in an unofficial solution.
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