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DreamsCloud of Miami raises $2 million in funding


Wake up -- this is no sleepy startup.

DreamsCloud, a comprehensive online platform for dreams and their dreamers, announced it has raised $2 million in Series A funding to continue development of DreamsCloud and its recently released  DreamSphere app, make additional engineering and developer hires, and expand the company’s marketing reach. The Miami company’s first institutional investment was led by Sphere Capital Holding, part of the first round investors in Miami-based CareCloud and Canvas.

DreamsCloud allows you to collect, analyze, safe-keep and share your dreams, and to do so in the way that makes you most comfortable, the company said in its news release. Users can do online dream journaling and access its panel of “Dream Reflectors” who help them self-reflect on their dreams, all via  www.dreamscloud.com or its free app.

Built on DreamsCloud’s interactive database of more than 1.8 million dreams from around the world, DreamSphere’s stand-out feature is its Global Dreams Map on the home screen. Updated in real-time, users can use the map to search for dreams according to location, date, popularity, what’s trending, from connected friends or by keyword – opening a portal to dreams from every country, all over the world. Here’s a recent story based on a life-saving dream journaled on DreamsCloud.

 "Over the past few years we’ve seen enormous public interest in recording and having conversations about understanding dreams -- we have dreams from the whole planet," said Jean-Marc Emden, chief visionary officer and co-founder of DreamsCloud, who lives and works in Miami.  “We’re excited to have trail blazed the concept of dream journaling, reflection and sharing online, and our mobile app signals our commitment to continue to innovate around dreams. This funding round positions us to expand our DreamsCloud and DreamSphere platforms, giving our users more opportunities to track, reflect on and socialize their dreams – especially as dreams become a better understood indicator of overall health and wellness.”

DreamsCloud was founded in 2010 in Miami and its Emden and its board members are here, but  it currently has most of its operations in Reston, Va. Emden said Wednesday that he is planning to move the company back to Miami this fall. The company is now in the process of hiring a director of marketing to be based in Miami, Emden said, and other hires will follow.

 Emden, who has lived in South Florida since 1989, said  that Miami is a smart market for DreamsCloud for more reasons than you might think. Hispanics are showing they are much more likely to journal and share their dreams than their anglo counterparts, he said.  Who knew?

 Posted Aug. 27, 2014