The Krotek

Customizable widget and shortcode to display tag cloud anywhere you want. You can use it as standard tag cloud widget, as shortcode in any post or page, or both ways. Tons of options allow you to fine tune cloud layout to your needs.
STANDARD FEATURES
<ul>
<li>Display list of post, category or link category tags.</li>
<li>Define number of tags to be displayed.</li>
<li>Set custom tag separator.</li>
<li>Select tag taxonomy: posts, categories or link categories.</li>
<li>Choose cloud mode: shortcode only, widget only or both.</li>
</ul>
PREMIUM FEATURES
<ul>
<li>Define smallest and largest tag size.</li>
<li>Select size unit: px, pt, em or percent.</li>
<li>Choose layout: standard flat cloud or unordered list.</li>
<li>Order tags by name or count.</li>
<li>Sort tags ascending, descending or randomize.</li>
<li>Define list of tags to exclude from cloud or include only.</li>
</ul>
You can purchase Premium version <a href="https://thekrotek.com/wordpress-extensions/tag-cloud" rel="nofollow ugc">here</a>.

Custom Tag Cloud

...but it at least is a little better than the one that comes with WordPress.

Free version is not very customizable...

Customizable widget and shortcode to display tag cloud anywhere you want.

WPKube

The plugin renders a tag cloud using a professionally designed tag image as a background.
The plugin’s tag cloud is completely responsive and is correctly rendered in all browsers.
The primary application of this feature is through the “Cool Tag Cloud” widget, but you can also use the shortcode [cool_tag_cloud] to display the tag cloud anywhere where shortcodes are supported.
Here is the list of parameters that can be used with the shortcode, each with its own set of potential values (which are separated by the | symbol):
<ul>
<li><code>style="default|silver|green|red|blue|brown|purple|cyan|lime|black"</code></li>
<li><code>font_family="Arial, Helvetica, sans-serif"</code></li>
<li><code>smallest="10"</code></li>
<li><code>largest="10"</code></li>
<li><code>align="left|right"</code></li>
<li><code>font_weight="normal|bold"</code></li>
<li><code>text_transform="none|uppercase|lowercase|capitalize"</code></li>
<li><code>number="20"</code></li>
<li><code>order_by="name|count"</code></li>
<li><code>order="ASC|DESC|RAND"</code></li>
<li><code>taxonomy="post_tag"</code></li>
<li><code>nofollow="yes|no"</code></li>
<li><code>animation="yes|no"</code></li>
<li><code>on_single_display="global|local"</code></li>
<li><code>on_archive_display="all|children|siblings|descendants"</code></li>
<li><code>exclude="1,2,3"</code></li>
<li><code>include="1,2,3"</code></li>
</ul>
If you liked my plugin, please rate it.
Special thanks to <a href="http://www.premiumpixels.com/freebies/tagtastic-tag-cloud-psd/" rel="nofollow ugc">Orman Clark</a> for the tag image and to <a href="http://dimox.name/beautiful-tags-markup/" rel="nofollow ugc">Dimox</a> for the CSS code.
This plugin is maintained by <a href="https://www.wpkube.com" rel="nofollow ugc">WPKube</a>, a WordPress resource site where you can find helpful guides like how to <a href="https://www.wpkube.com/list-building-wordpress-plugins/" rel="nofollow ugc">choose the right list building plugin</a>, <a href="https://www.wpkube.com/install-wordpress" rel="nofollow ugc">how to install WordPress</a>, <a href="https://www.wpkube.com/best-wordpress-hosting/" rel="nofollow ugc">choose the best WordPress hosting</a>, and more. 
They also have a huge collection of <a href="https://www.wpkube.com/coupons/" rel="nofollow ugc">exclusive deals</a> on various plugins and hosting services such as <a href="https://www.wpkube.com/coupons/wpengine-coupon/" rel="nofollow ugc">WPEngine</a>, <a href="https://www.wpkube.com/coupons/siteground-coupon/" rel="nofollow ugc">SiteGround</a>, etc.

Cool Tag Cloud

This came as a blessing when I had written some custom code to show a custom Taxonomy cloud on sidebar. The options to customize are so cool, and I love the option to either show the taxonomy related to a post on a Single post page or all tags, that makes it so versatile. Thanks so much to the author.

Custom Tag Cloud vs Cool Tag Cloud