Tech Company Financing Transactions

MontyCloud Funding Round

Madrona Venture Group, private investors and Lytical Ventures participated in a $2.9 million Seed venture round for MontyCloud. The round was announced on 11/22/2019.

Transaction Overview

Company Name
Announced On
11/22/2019
Transaction Type
Venture Equity
Amount
$2,850,000
Round
Seed
Investors

Madrona Venture Group (Lead Investor) (Ted Kummert)

private investors (Robert Hammer)

Lytical Ventures

Proceeds Purpose
With the new funding, the team plans to build out its technology and onboard more of the customers that it currently has in its pipeline. It also plans to expand its AI ops stack.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
8201 164th Ave. NE 200
Redmond, WA 98052
USA
Phone
Undisclosed
Email Address
Overview
At MontyCloud, we know adopting the cloud is just day 1 of the enterprise digital transformation journey. Day 2 is hard, and we love solving hard problems. Customers migrating to the cloud are realizing that both challenges and opportunities are abundant in management & operational tasks of cloud resources.
Profile
MontyCloud LinkedIn Company Profile
Social Media
MontyCloud Company Twitter Account
Company News
MontyCloud News
Facebook
MontyCloud on Facebook
YouTube
MontyCloud on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Venkat Krishnamachari
  Venkat Krishnamachari LinkedIn Profile  Venkat Krishnamachari Twitter Account  Venkat Krishnamachari News  Venkat Krishnamachari on Facebook
Chief Technical Officer
Kannan Parthasarathy
  Kannan Parthasarathy LinkedIn Profile  Kannan Parthasarathy Twitter Account  Kannan Parthasarathy News  Kannan Parthasarathy on Facebook
VP - Engineering
Sumant Dubey
  Sumant Dubey LinkedIn Profile  Sumant Dubey Twitter Account  Sumant Dubey News  Sumant Dubey on Facebook
VP - Sales
Sabrinath Rao
  Sabrinath Rao LinkedIn Profile  Sabrinath Rao Twitter Account  Sabrinath Rao News  Sabrinath Rao on Facebook


 

 

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Our team works diligently to report on every notable VC transaction. All VC database entries on this site 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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