Blue Cloud Management LLC, based in New York City, has established its newest European office in Berlin, Germany, according to a press release.
“We’re thrilled that Victor will be leading our efforts to expand our global footprint; we have been deepening our presence across various regions since raising our fourth fund and see a surge in high-quality B2B SaaS companies being built in Europe,” Rami Rahal, co-founder and managing partner of Blue Cloud Ventures (BCV), said.
The new establishment will be overseen by Victor Yaw, who has previously contributed to various Blue Cloud Ventures, including Paradox, Trulioo and Go1, as well as Cognism, Templafy and LMS365 in Europe.
The new addition forms part of Blue Cloud Ventures’ growth-stage VC and general expansion strategy as the company prioritizes B2B SaaS companies on a global scale.
“With the European tech scene experiencing rapid growth over the past few years, BCV is keen to be part of this emerging ecosystem and partner with founders and investors in the region,” a recent press release stated.
The expansion will also allow the company to work in close collaboration with its existing slate of partners in the region as they seek to expand their presence. It will also leverage “its deep U.S. roots, its LP network of 100+ technologists and entrepreneurs globally and connections across equity and debt funds and service providers. BCV aims to bring a unique set of value-add to European B2B SaaS companies,” the press release stated.
“Since our founding, we have remained focused on being the best partners to our entrepreneurs and their teams,” Mir Arif, co-founder and managing partner of BCV, said. “We are proud of our readiness to roll up our sleeves and add value, whether by acting as a sounding board to founders, or by assisting with strategy, M&A, recruiting or customer introductions.”
The location’s prominent technological presence attracted the company as it hopes to serve “companies looking to scale to multi-billion outcomes.”
“We are at a key inflection point for B2B SaaS in Europe," Victor Yaw said. "We’ve seen the emergence of a next generation of company builders that have developed the expertise to truly scale to become category-defining platforms. We are excited about our existing investments in the region and believe that this is just the tip of the iceberg."