What does CloudZero do?
CloudZero offers a cloud cost optimization platform that automates the collection, allocation, and analysis of cloud costs, enabling companies to identify savings opportunities and build cost-efficient software without slowing innovation.
How much did they raise?
The Series C funding round raised $56M, led by BlueCrest Capital Management and Innovius Capital, with participation from Matrix Partners, Threshold Ventures, Underscore VC, G20 Ventures, and MongoDB.
What are their plans for the money?
The company plans to use the funds to accelerate the development of its platform, enhancing its capabilities to help engineers maintain innovation while managing cloud spending more efficiently.
What have they achieved so far?
CloudZero's platform is already trusted by leading companies such as Coinbase, Klaviyo, Miro, Nubank, and Rapid7, demonstrating its successful track record in optimizing cloud costs.
