Archera
Software · Washington, United States · 11-50 Employees
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Overview
Headquarters
Seattle, Washington, United StatesPhone Number
(301) 825-5007Website
www.archera.aiRevenue
<$5 MillionIndustry
About Archera
Archera Org Chart
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Archera financials insights
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Series A
$7M
Series B
$17M
Archera Tech Stack
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Archera News & Media
Archera raises $17M to help companies get cloud discounts without long-term commitments
Archera, a Seattle-based startup that sells tools to help companies reduce cloud computing expenses, raised $17 million in a Series B investment round. Founded in 2019 by brothers Aran Khanna and Nikhil Khanna, Archera offers a free product that crunches a company’s cloud-related finances to identify ways to save costs and take advantage of promotional credits. The startup generates revenue via a separate offering called “Insured Commitments.” Companies will often sign long-term commitments withArchera lands $7M to help AWS and Azure customers cut costs and optimize usage
Archera, a Seattle startup formerly known as Reserved.ai, announced a $7 million Series A funding round. Founded in 2019, Archera helps companies using Amazon Web Services, Microsoft Azure, and other platforms automate the cloud resource management process. It analyzes a customer’s cloud usage patterns and matches them to an optimal set of purchasing options. Archera has grown revenue by 150% this year. It has dozens of customers including Fortive, Hiya, Valtix, Guardant Health, kumu, Zebrium
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Frequently Asked Questions Regarding Archera
Archera actively manages and de-risks your cloud management through building forecasts, prioritizing right-sizing & modernization opportunities, executing optimal commitment plans and protecting your cloud commitments with guaranteed buybacks.... Read More