CloudCheckr Secures $50 Million Series A Funding
March 27, 2017

CloudCheckr has raised $50 million in institutional funding from Level Equity.

The funding round will augment an already profitable business that has tripled in each of the last three years. CloudCheckr will use the funds to bolster its market-leading platform for modern enterprises, government agencies and managed service providers who demand a comprehensive and scalable multi-cloud management platform that satisfies cost, security, utilization and compliance concerns.

"Cloud management is a highly complex but increasingly mainstream issue – especially for the forward-looking enterprises who are leading the public cloud revolution," said Aaron Newman, CEO and Co-Founder at CloudCheckr. “We have had an astonishing amount of interest in our business as it has continued to scale quickly and profitably and were very deliberate in our timing and choice to bring on an institutional investment partner that would help accelerate our lead in this exciting marketplace. Level’s investment is validation of the pressing need to get visibility and control of exploding cloud environments and we’re excited to keep building, innovating and giving organizations the tools they need to go fast at scale.”

"We're thrilled to be partnered with Aaron and the whole CloudCheckr team," said Benjamin Levin, Founder and Partner at Level Equity. "It is rare to see a profitable, bootstrapped business with this scale and growth trajectory in a market of this size where most of the competitors have raised gobs of venture capital. We were attracted to CloudCheckr’s track record of rapid, profitable, and bootstrapped growth as well as deep technology leadership and the immense opportunity that exists to deliver sophisticated, unified cloud management for complex enterprises across the globe."

The Latest

April 27, 2017

In a movement that has gained momentum as quickly as DevOps has, it's always good to stop from time to time and evaluate where we are, where we have come from, and where we are going. We asked four industry experts some questions about the progress of ALM and DevOps ...

April 26, 2017

It's easy to ignore downtime. But ignoring downtime is a surefire way to upset your customers and your colleagues. More and more, teams need to think about shipping stellar experiences. Proper incident response is a great place to start ...

April 24, 2017

The expectation of regular software updates – it's what developers are tasked with, and what users expect and demand. Increased functionality, better performance, and fewer bugs – often in a week or less. Automation of critical processes such as QA can help meet the gargantuan task of constant updates, but it can also send your software into a death spiral of user abandonment unless deployed correctly ...

April 20, 2017

One could argue that testing is the most important phase of an IT project. It's also time-consuming and expensive. It's essential to strike a balance between an IT testing program that ensures a quality product and the cost-to-value ratio of your project. But when you're dealing with replatforming projects, how much testing is enough testing? ...

April 18, 2017

Whether through formal methods such as classroom or virtual training, job shadowing, and mentoring; or through informal methods such as team discussions or presentations, teaching needs to be a frequent element of team integration. It is a given that IT and business teams have difficulty understanding each other without a common taxonomy. Even teams within IT often fail to understand each other ...

April 17, 2017

Although DBAs fortunately have the rare ability to bridge the gap between development and operations, they have been detrimentally overlooked in many companies that deploy DevOps practices. A DBA's ability to interrogate code and construct a resilient, well–performing database environment uniquely defines the capabilities needed for DevOps – leaving me perplexed about why DBAs were not one of the first operations team members asked to join the DevOps movement ...

April 12, 2017

DEVOPSdigest asked experts across the industry — including analysts, consultants and vendors — for their opinions on the best way for a development or DevOps team to become more Agile. Part 5, the final installment in this series, provides tips on empowering people ...

April 10, 2017

DEVOPSdigest asked experts across the industry for their opinions on the best way for a development or DevOps team to become more Agile. Part 4 covers DevOps technologies ...

April 07, 2017

DEVOPSdigest asked experts across the industry for their opinions on the best way for a development or DevOps team to become more Agile. Part 3 provides some tips for getting started and gaining feedback ...

April 05, 2017

DEVOPSdigest asked experts across the industry for their opinions on the best way for a development or DevOps team to become more Agile. Part 2 covers processes including automation, continuous delivery and testing ..

Share this