Last deal

Amount

Debt Financing

Stage

01.04.2018

Date

7

all rounds

$39.9M

Total amount

General

About Company
Cloudability is a financial management tool that monitors and analyzes cloud expenses across organizations.

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founded date

01.02.2011

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

The company's platform uses enterprise-scale analysis and machine learning to aggregate expenditures into accessible and comprehensive reports, allowing IT, finance, and other business teams to get a real-time understanding of cloud spending and optimize cloud costs. Cloudability is a pioneer and leader in the emerging FinOps market, helping hundreds of customers make timely decisions about cloud usage and master the unit economics of cloud. With more than $9 billion in cloud spend under management, Cloudability is a member of the FinOps Foundation and offers a 14-day free trial.
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