What is BetterCloud?
Founded in 2011 and headquartered in New York, BetterCloud operates as an independent software vendor specializing in the management and security of cloud office platforms, including Google Workspace and Microsoft 365. By providing granular insights and automated governance, the company enables IT departments to maintain control over data security and user access in increasingly fragmented cloud environments. As a leader in the SaaS management space, BetterCloud addresses the fundamental challenges of digital transformation, ensuring that enterprises can scale their cloud operations without compromising on compliance or operational efficiency.
How much funding has BetterCloud raised?
BetterCloud has raised a total of $186.9M across 8 funding rounds:
Angel/Seed
$2.2M
Series A
$5M
Series B
$6M
Series C
$8.6M
Series D
$25M
Series E
$60M
Corporate Investment
$5M
Series F
$75M
Angel/Seed (2012): $2.2M, investors not publicly disclosed
Series A (2012): $5.1M led by Tribeca Venture Partners, BLH Venture Partners, Greycroft Partners, and Flybridge Capital partners
Series B (2013): $6M supported by BLH Venture Partners, Flybridge Capital Partners, Greycroft Partners, Bear Creek Capital, and TriBeCa Ventures Partners
Series C (2014): $8.6M featuring BLH Venture Partners, Greycroft Partners, Flybridge Capital Partners, Bear Creek Capital LLC, and Tribeca Venture Partners
Series D (2015): $25M backed by Greycroft Partners, Millennium, Tribeca Venture Partners, Accel, and Flybridge
Series E (2018): $60M with participation from Bain Capital Ventures
Corporate Investment (2019): $5M led by Dropbox
Series F (2020): $75M supported by Warburg Pincus, Greycroft Partners, Bain Capital Ventures, e.ventures, New Amsterdam Growth Capital, Flybridge Capital Partners, and Accel
Key Investors in BetterCloud
Warburg Pincus
A leading global private equity firm renowned for its expertise in growth investing, supporting management teams in building long-term, sustainable success across diverse market cycles.
Bain Capital Ventures
A global private investment firm that applies deep sector expertise and broad capabilities to drive innovation and unlock opportunities for its portfolio companies.
Greycroft Partners
A prominent venture capital firm focused on the Internet and mobile markets, leveraging an extensive network to help entrepreneurs build successful, category-defining businesses.
What's next for BetterCloud?
With the backing of major institutional investors, BetterCloud is well-positioned to accelerate its product roadmap and expand its footprint in the enterprise software market. The company's strategic trajectory suggests a continued focus on enhancing its automation capabilities and deepening its integration ecosystem. As organizations continue to adopt hybrid work models, the demand for robust cloud management solutions is expected to rise, providing BetterCloud with a significant opportunity to capture additional market share and solidify its status as an essential utility for the modern enterprise.
See full BetterCloud company page
