Tech Company Financing Transactions

Cloudability Funding Round

Cloudability, based in Portland, secured $8.7 million from Foundry Group, 500 Global and Trinity Ventures.

Transaction Overview

Company Name
Announced On
7/12/2012
Transaction Type
Venture Equity
Amount
$8,700,000
Round
Series A
Investors

Foundry Group (Lead Investor) (Jason Mendelson)

500 Global

Trinity Ventures (Karan Mehandru)

Proceeds Purpose
The Series A round will help further expand its engineering and marketing teams, buildout new, advanced features and accelerate platform development andadditional cloud-service integrations.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
334 NW 11th Ave.
Portland, OR 97209
USA
Email Address
Overview
Cloudability lets you monitor, optimize and govern your cloud costs with one easy tool.
Profile
Cloudability LinkedIn Company Profile
Social Media
Cloudability Company Twitter Account
Company News
Cloudability News
Facebook
Cloudability on Facebook
YouTube
Cloudability on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mat Ellis
  Mat Ellis LinkedIn Profile  Mat Ellis Twitter Account  Mat Ellis News  Mat Ellis on Facebook
Chief Technical Officer
Erik Onnen
  Erik Onnen LinkedIn Profile  Erik Onnen Twitter Account  Erik Onnen News  Erik Onnen on Facebook
General Manager
J.R. Storment
  J.R. Storment LinkedIn Profile  J.R. Storment Twitter Account  J.R. Storment News  J.R. Storment on Facebook
VP - Finance
Caroline Carr
  Caroline Carr LinkedIn Profile  Caroline Carr Twitter Account  Caroline Carr News  Caroline Carr on Facebook
VP - Human Resources
Mindee Humphrey
  Mindee Humphrey LinkedIn Profile  Mindee Humphrey Twitter Account  Mindee Humphrey News  Mindee Humphrey on Facebook
VP - Sales
Brian Barry
  Brian Barry LinkedIn Profile  Brian Barry Twitter Account  Brian Barry News  Brian Barry on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/12/2012: Space Monkey venture capital transaction
Next: 7/12/2012: Poptent venture capital transaction

 

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About Database of VC Transactions

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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