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."

Share this

Industry News

March 28, 2024

Check Point® Software Technologies Ltd. announced a collaboration with Microsoft that utilizes the Microsoft Azure OpenAI Service to enhance Check Point Infinity AI Copilot, marking a significant advancement in cyber security AI applications.

March 28, 2024

ArmorCode announced ArmorCode Risk Prioritization, providing a 3D scoring approach for managing application security risks.

March 28, 2024

AppViewX and Fortanix announced a partnership to offer cloud-delivered secure digital identity management and code signing.

March 27, 2024

WaveMaker has updated its platform in response to customer demand for more sophisticated API and code management tools.

March 27, 2024

Vercara announced the launch of UltraAPI™, a product suite that protects APIs and web applications from malicious bots and fraudulent activity while ensuring regulatory compliance.

March 27, 2024

Legit Security announced the launch of its standalone enterprise secrets scanning product, which can detect, remediate, and prevent secrets exposure across the software development pipeline.

March 26, 2024

Progress announced a strategic partnership with Veeam® Software, the #1 leader by market share in Data Protection and Ransomware Recovery, to provide customers with an enterprise-ready cyber defense solution that strengthens the security of their business-critical data.

March 26, 2024

GitGuardian released its Software Composition Analysis (SCA) module.

March 26, 2024

DataStax announced a milestone in its journey to simplify enterprise retrieval-augmented generation (RAG) for developers by integrating with Microsoft Semantic Kernel.

March 25, 2024

Check Point® Software Technologies Ltd. is collaborating with NVIDIA to enhance the security of AI cloud infrastructure. Integrating NVIDIA BlueField DPUs, which feature a broad range of purpose-built, innovative security capabilities, the new Check Point AI Cloud Protect solution will help prevent threats at both the network and host levels.

March 25, 2024

Sentry announced the release of Autofix, an AI-powered feature to debug and fix code in minutes, saving important time and resources.

March 25, 2024

Apiiro announced a product integration and partnership with Secure Code Warrior, the agile developer security training platform, to extend its ASPM technology and processes to the people layer.

March 21, 2024

Progress announced that Progress® Semaphore™, its metadata management and semantic AI platform, was named a Champion in SoftwareReviews’ 2024 Metadata Management Emotional Footprint Awards.

March 21, 2024

The Cloud Native Computing Foundation® (CNCF®) has partnered with Udemy, an online skills marketplace and learning platform.

March 21, 2024

GitLab has acquired Oxeye, the provider of a cloud-native application security and risk management solution.