Fundz

Cloudzero Raises $32 Million To Transform Cloud Cost Management

PRIVATEJun 12, 2023

Amount Raised

$32 Million

Round Type

Funding Round

BostonInformation TechnologySoftwareEnterprise SoftwareCloud InfrastructureCloud ComputingSaaS

Investors

G20 VenturesUnderscore VCMatrix PartnersThreshold VenturesInnovius Capital

Description

On the back of another year of triple-digit growth, CloudZero announced today that it closed $32 million in Series B funding to expand its cloud cost intelligence platform. The round was led by Innovius Capital and Threshold Ventures with continued support from existing investors Matrix Partners, Underscore VC, and G20 Ventures. As part of the financing, CloudZero welcomes Justin Moore from Innovius Capital to its board of directors and Arpit Mittal from Threshold Ventures as a board observer.

Quick answer

CloudZero raised $32 Million in a Funding Round round, dated June 12, 2023. Investors: G20 Ventures, Underscore VC, Matrix Partners, Threshold Ventures and Innovius Capital. CloudZero is based in Boston, Massachusetts, United States.

How much did CloudZero raise?
CloudZero raised $32 Million in a Funding Round round on June 12, 2023.
Who invested in CloudZero?
G20 Ventures, Underscore VC, Matrix Partners, Threshold Ventures and Innovius Capital are named as investors in this round.
What does CloudZero do?
CloudZero is the cloud cost intelligence platform that puts any cloud or software spend into context for your business.
Where is CloudZero based and how big is it?
CloudZero is based in Boston, Massachusetts, United States. Fundz records about 166 employees.
Who are the decision-makers at CloudZero?
Fundz holds 2 contacts at CloudZero, including the Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Enterprise Software and Cloud Infrastructure around the same time

Companies in the same sectors as CloudZero that raised within 45 days of this round, from Fundz verified event records.

  • Wing Cloud raised an undisclosed amount (Seed) on July 18, 2023.
  • Kapture CX raised $4M (Seed) on July 27, 2023.
  • HumanFirst raised $5M (Funding Round) on July 26, 2023.
  • OnePlan raised an undisclosed amount (Corporate Round) on July 25, 2023.
  • Adaptive Shield raised an undisclosed amount (Corporate Round) on July 25, 2023.
  • inploi raised $1.8M (Seed) on July 25, 2023.

Who to call at CloudZero, and when

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Company Information

Company

CloudZero

Location

Boston, Massachusetts, United States

About

CloudZero is the cloud cost intelligence platform that puts any cloud or software spend into context for your business. By aligning engineering, infrastructure, and finance teams around common metrics — cost per product feature, per customer, and per development team — CloudZero enables better strategic decisions, stronger unit economics, and more efficient spending. Trusted by top cloud-driven companies like New Relic, Rapid7, and Malwarebytes, CloudZero helps organizations of all sizes achieve cloud cost maturity.

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Related People

2 contacts
Verified contactsErik P., DirectorSee plans and pricing
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CloudZero raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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