MontyCloud raises $2.85 million for its cloud management platform

For enterprises that want to move to the cloud, that actual move is often hard enough, but in the long run, being able to manage the lifecycle of their cloud deployments is just as important. MontyCloud, which focuses on these kinds of Day-2 operations, today announced that it has raised a $2.85 million seed round led by Madrona Venture Group, which also included investments from Lytical Ventures and Bob Hammer, former CEO of CommVault.
In addition to the funding, the company also today announced the launch of its multi-cloud management platform in the AWS marketplace, which, among other things, uses some AI-smarts to make management and governance for modern cloud infrastructure — and the applications that run on it — easier. Currently, the service focuses on AWS and will soon add support for Azure and other platforms as well.
The company was co-founded by its CEO Venkat Krishnamachari, whose experience includes opening new Azure data center regions for Microsoft, as well as time at AWS and Commvault. Krishnamachari tells me that the co-founders first bootstrapped the service themselves, up to the point where they had their first paying customers. Currently, the company has about 15 employees in India, in addition to a smaller core team in Seattle.
MontyCloud raises $2.85 million for its cloud management platform
MontyCloud CEO Venkat Krishnamachari
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