About Cloudability
Cloudability is a Technology company based in Portland (United States) founded in 2011, and was acquired by Apptio in May 2019. Cloud expenses are monitored and analyzed for organizational efficiency. Cloudability has raised $44.03 million across 9 funding rounds from investors including Apptio, Techstars and Foundry. The company has 110 employees. Cloudability has completed 4 acquisitions, including Attribo, CloudMGR and Datahero. Its focus areas include Enterprise Applications, Vertical Business Intelligence, Industry Agnostic and Finance and Accounting. Its legal entity is CLOUDABILITY, INC. Its competitors include Workday Adaptive Planning, Host Analytics and Apptio; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2011 in Portland, United States, Cloudability operates in the cloud financial management sector. Expenditures across cloud services are aggregated into reports for analysis. Opportunities for spend reduction and efficiency improvements are identified. Budget alerts and recommendations are delivered via SMS and email. APIs are provided for integrating billing and usage data with business systems. More than 250 million in cloud spending was monitored for customers in 2012.
- Headquarters Portland, United States
- Employees 110
- Stage Acquired
- SectorsTechnology
- Website cloudability.com
- Social LinkedIn X Facebook
- Acquired by Apptio (May 2019)
- Legal Name Cloudability, Inc.
Funding Insights of Cloudability
Cloudability has successfully raised a total of $44.03M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $24 million completed in September 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $44.03M
- Total Rounds 9
- Last Round Series B — $24M
- First Round $158,000
(Apr 2011)
- Investors Count 8
All 9 funding rounds of Cloudability with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2016 | $24M | Series B | – | Foundry | – |
| Dec 2015 | $3.47M | Series A | – | – | – |
| Jul 2015 | $750,000 | Series A | – | – | – |
| Mar 2015 | $5.97M | Series A | – | – | – |
| Jan 2013 | $1.08M | Debt – Conventional | – | – | – |
| Oct 2012 | $8.74M | Series A | – | Foundry | |
| Apr 2012 | Seed | – | – | ||
| Dec 2011 | $1.1M | Seed | – | – | |
| Apr 2011 | $158,000 | Debt – Conventional | – | – | – |
9 investors in total: 9 institutional.
Investors in Cloudability
Cloudability has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Apptio, Techstars and Foundry.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is invested in early-stage tech startups. | foundry.vc | Boulder, United States | ||
Venture capital and acceleration are provided to tech startups. | 500.co | Ho Chi Minh City, Vietnam | ||
Venture capital firm investing in early-stage technology and real estate companies. | trinityventures.com | |||
US-based startups are accelerated and funded via venture capital support. | portlandseedfund.com | Portland, United States | ||
Startup accelerator programs are operated for diverse technologies and sectors. | piepdx.com | Portland, United States | ||
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Seed and early-stage investments are focused on US companies. | waldenvc.com | Woodside, United States | ||
| wk.com | ||||
Cloud spending is managed for enterprises through a specialized platform. | 2007 | apptio.com | Bellevue, United States |
Investor details for Cloudability
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Investments & Acquisitions by Cloudability
Cloudability has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Attribo, CloudMGR and Datahero.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Integrated AWS cloud management services are offered by CloudMGR. | cloudmgr.com | San Francisco, United States | 2012 | Mar 2017 | •••• | |
Data visualization solutions for enterprises are provided by Datahero. | datahero.com | Santa Monica, United States | 2011 | Jan 2016 | •••• | |
Cloud spend is monitored through big data analytics. | ripfog.com | Portland, United States | 2014 | Jul 2015 | •••• | |
Web platform for operational intelligence and analytics in cloud infrastructures. | attribo.com | Bengaluru, India | 2008 | Jun 2015 | •••• |
Complete acquisition details for Cloudability
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- Acquired stakes
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Timeline of Cloudability
8 dated milestones of Cloudability across 8 years, from founding to its latest funding, stage changes and deals.
Competitors of Cloudability
Cloudability has 3 listed competitors in our database, 3 of them funded. They include Workday Adaptive Planning, Host Analytics and Apptio.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| adaptiveinsights.com | 2003 | Palo Alto, United States | $150.35M | 416 | Cloud-based financial planning and analytics are delivered via SaaS. | |
| hostanalytics.com | 2000 | Redwood, United States | $72.15M | 153 | Cloud-based EPM applications for financial planning and analytics are delivered. | |
| apptio.com | 2007 | Bellevue, United States | $136M | Cloud spending is managed for enterprises through a specialized platform. |
Detailed competitors of Cloudability
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- Full competitor set
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Web traffic of Cloudability
The website of Cloudability (cloudability.com) receives about 9.4K visits a month.
- Monthly visits9.4K
▲ 399.2% vs previous month
Websites whose visitors overlap most with Cloudability. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cloudcruiser.com | 100% | View details | |||
| zerto.com | 83% | 77.7K | #473,041 | View details | |
| bigswitch.com | 83% | View details | |||
| cloudcheckr.com | 73% | 33K | #937,514 | View details | |
| twitter.com | 55% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Cloudability
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- 9 similar websites
- Audience overlap
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- Traffic by brand
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Top companies in IT Services & Operations
3 companies that operate in the same segment as Cloudability (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Related news about Cloudability
Complete news archive for Cloudability
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Frequently Asked Questions about Cloudability
Cloudability was founded in 2011.
Cloudability is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Cloudability is a funded company, having raised a total of $44.03M across 9 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $158K, raised on Apr 2011.
Cloudability has 110 employees.
Founded in 2011 in Portland, United States, Cloudability operates in the cloud financial management sector. Expenditures across cloud services are aggregated into reports for analysis. Opportunities for spend reduction and efficiency improvements are identified. Budget alerts and recommendations are delivered via SMS and email. APIs are provided for integrating billing and usage data with business systems. More than 250 million in cloud spending was monitored for customers in 2012.
Cloudability's top competitors include Workday Adaptive Planning, Apptio and Host Analytics.
Cloudability has 9 investors. Key investors include Apptio, Techstars, Foundry, 500 Global, and Trinity Ventures.
Cloudability operates through Cloudability, Inc..
Yes. Cloudability was acquired by Apptio in May 2019.