Tech Company Financing Transactions
Amberflo.io Funding Round
Norwest Venture Partners participated in a $15 million Series A funding round for Amberflo.io. This VC investment round closed on 1/17/2023.
Transaction Overview
Company Name
Announced On
1/17/2023
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Norwest Venture Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
4500 Great America Parkway 1017
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
Amberflo was founded in 2020 by Puneet Gupta (ex.GM at AWS) and Lior Mechlovich (ex.Lead Engineer EC2 at AWS). Our team was responsible for some of the original Metered, Usage-Based Cloud Services at AWS that are used everyday by millions of customers worldwide. Our mission is to help the world transition to a more fair and transparent business model - in the form of Usage-Based Pricing (UBP). Customers and businesses alike are discovering that in addition to fairness and transparency, UBP drives the highest levels of revenue, customer adoption and satisfaction.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Puneet Gupta
Chief Technical Officer
Lior Mechlovich
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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