CloudCheckr Raises Funding for Public Cloud Infrastructure Platform

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Public cloud infrastructure platform CloudCheckr has announced it has raised new funding and added to its board.

The Rochester, NY based startup raised $15 million in new funding, bringing its total funding to $65 million. The funds come from Level Equity, which is the sole investor in this round. The investment will help CloudCheckr “drive an innovative roadmap as the company further evolves the broadest and deepest multi-cloud management platform.”

“This investment will allow us to rapidly accelerate innovation by tripling our product development and engineering headcount,” said Tim McKinnon, CEO at CloudCheckr, in a statement.  “With our already unrivaled security and compliance monitoring offerings, CloudCheckr will enter 2020 with the broadest and deepest cloud management feature set for the enterprise, federal, and MSP markets.”

According to the startup, CloudCheckr operates a “Fastest-to-ROI” process, which quickly producing cost savings and optimization while reducing risks for companies of any size.

“We are focused on expanding our massively scalable architecture and unique financial operations tools,” said Jeff Valentine, Chief Product Officer at CloudCheckr. “We strive to change how organizations manage cloud adoption and security, replacing disparate teams and point solutions with a single unified platform that provides total visibility.”

Fannie Mae, Rackspace, NASA and Vimeo are among CloudCheckr’s most prominent clients.

The startup has also announced the appointment of Nexenta CEO Tarkan Maner as a new board member.

Photo credit: CloudCheckr, PRNewswire