Upbound Raises $60M In Funding From Altimeter Capital, Gv, Intel Capital And Others To Advance Its Universal Cloud Management Platform
Amount Raised
$60 Million
Round Type
Funding Round
SeattleInformation TechnologySoftwareinformation technology & servicesDescription
Upbound, the cloud management platform company behind the popular open source Crossplane project, today announced that it raised $60M in new funding. The new funding includes a Series B round led by Altimeter Capital with participation from GV, Intel Capital, and Telstra Ventures. The funding follows 10x quarter-over-quarter recurring revenue growth fueled by Crossplane adoption and enterprise demand for Upbound’s product offering. Upbound will use the funding to broaden its worldwide go-to-market efforts, accelerate product development, and expand its services and support offerings
Quick answer
Upbound raised $60 Million in a Funding Round round, dated November 29, 2021. Upbound is based in Seattle, Washington, United States.
- How much did Upbound raise?
- Upbound raised $60 Million in a Funding Round round on November 29, 2021.
- What does Upbound do?
- Upbound is pioneering infrastructure platforms for the Agentic AI Era, serving Fortune 500 companies and platform engineers across more than 100 countries.
- Where is Upbound based and how big is it?
- Upbound is based in Seattle, Washington, United States. Fundz records about 69 employees.
- Who are the decision-makers at Upbound?
- Fundz holds 1 contact at Upbound, including the Executive Officer, Director, Promoter. 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 Upbound that raised within 45 days of this round, from Fundz verified event records.
- Bluon, Inc. raised an undisclosed amount (Series B) on January 11, 2022.
- PassiveLogic raised $34M (Funding Round) on January 11, 2022.
- 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.
Who to call at Upbound, and when
A new round usually means Upbound is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Upbound raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Upbound, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Upbound. With Fundz connected, it knows.
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Fundz sees it the moment Upbound raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Upbound 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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