What is Cloudability?
Founded in 2011 and headquartered in Portland, Cloudability provides a sophisticated software platform designed to track, aggregate, and analyze cloud computing usage and spending. By delivering granular cost reports, the company enables organizations to manage complex cloud environments, mitigate waste, and identify actionable opportunities for fiscal optimization. As a key player in the FinOps ecosystem, Cloudability serves as a critical tool for enterprises looking to maintain visibility and control over their distributed cloud infrastructure costs.
How much funding has Cloudability raised?
Cloudability has raised a total of $59.9M across 7 funding rounds:
Angel/Seed
$1.1M
Other Financing Round
$18K
Series A
$8.7M
Multiple Rounds
$26M
Series B
$24M
Angel/Seed (2011): $1.1M with participation from WaldenVC and Trinity Ventures
Other Financing Round (2012): $18K led by PIE and Techstars
Series A (2012): $8.7M supported by Foundry Group, 500.com, Wieden+Kennedy, and Trinity Ventures
Private Equity (2015): $21.8M, investors not publicly disclosed
Private Equity (2015): $750K backed by Foundry Group
Private Equity (2015): $3.5M with participation from Foundry Group
Series B (2016): $24M led by Foundry Group Select Fund
Key Investors in Cloudability
Foundry Group
Foundry Group is a venture capital firm focused on investing in early-stage information technology, Internet, and software startups. They leverage deep industry expertise to help entrepreneurs scale high-growth companies.
Trinity Ventures
Trinity Ventures is an early-stage investment firm dedicated to supporting mission-driven entrepreneurs and transforming ambitious visions into reality through hands-on partnership.
WaldenVC
Walden Venture Capital focuses on backing teams with products that have mass-market potential and strong core technology, particularly in digital media and cloud services.
What's next for Cloudability?
Following this major strategic investment, Cloudability is well-positioned to accelerate its product roadmap and expand its market reach. The company's trajectory suggests a focus on deepening its integration capabilities with major cloud service providers and enhancing its predictive analytics features. By leveraging its established capital base, Cloudability aims to further scale its enterprise-grade solutions, ensuring that it remains at the forefront of the rapidly evolving cloud cost management landscape while maintaining its commitment to delivering high-impact financial insights for its global client base.
See full Cloudability company page
