Corestack Closes $30 Million Series B Financing Round Led By Avatar Growth Capital
Amount Raised
$30 Million
Round Type
Series B
BellevueInformation TechnologySoftwareinformation technology & servicesDescription
CoreStack, a global multi-cloud governance SaaS provider, today announced a $30 million Series B funding round led by Avatar Growth Capital, with continued participation from Dallas Venture Capital (DVC), Iron Pillar, and other angel investors. This brings CoreStack’s total funding to $45 million, following its Series A in March 2020, underscoring the growing enterprise demand for multi-cloud governance solutions. The funding will help CoreStack continue its rapid pace of growth and innovation with its AI-powered continuous and autonomous cloud governance at scale, while also making strategic headway with expansion into new markets. Avatar Growth Capital Managing Director Abhay Havaldar will join CoreStack’s Board of Directors, upon required legal clearances.
Quick answer
CoreStack raised $30 Million in a Series B round, dated November 23, 2021. CoreStack is based in Bellevue, Washington, United States.
- How much did CoreStack raise?
- CoreStack raised $30 Million in a Series B round on November 23, 2021.
- What does CoreStack do?
- CoreStack is an AI-Powered NextGen Cloud Governance and Security Platform helping 750+ global enterprises manage over $2B in cloud spend.
- Where is CoreStack based and how big is it?
- CoreStack is based in Bellevue, Washington, United States. Fundz records about 210 employees.
- Who are the decision-makers at CoreStack?
- Fundz holds 3 contacts at CoreStack, including the Founder, Chairman and CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in information technology & services and Software around the same time
Companies in the same sectors as CoreStack that raised within 45 days of this round, from Fundz verified event records.
- Filevine, Inc. raised $38M on January 5, 2022.
- Nostra raised $4.2M (Seed) on December 28, 2021.
- CARS24 raised $400M (Funding Round) on December 20, 2021.
- CARS24 raised an undisclosed amount (Funding Round) on December 20, 2021.
- Rokt raised $325M (Series E) on December 16, 2021.
- Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
Who to call at CoreStack, and when
A new round usually means CoreStack is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day CoreStack raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CoreStack, from your own LinkedIn network
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Funding Insights
What this usually meansCoreStack 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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