About CloudTruth
CloudTruth is a company based in Boston (United States) founded in 2019 by Matt Conway.. CloudTruth has raised $7.65 million across 2 funding rounds from investors including York IE, Glasswing Ventures and Stage 1 Ventures. The company has 5 employees as of December 31, 2024. CloudTruth offers products and services including CloudTruth Platform, Config Copilot, and Secrets Management. CloudTruth operates in a competitive market with competitors including Pulumi, Puppet, Chef, SaltStack and Salto, among others.
- Headquarter Boston, United States
- Employees 5 as on 31 Dec, 2024
- Founders Matt Conway
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Cloudtruth, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.65 M (USD)
in 2 rounds
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Latest Funding Round
$2.4 M (USD), Seed
Nov 11, 2022
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Investors
York IE
& 4 more
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Employee Count
5
as on Dec 31, 2024
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Products & Services of CloudTruth
CloudTruth offers a comprehensive portfolio of products and services, including CloudTruth Platform, Config Copilot, and Secrets Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates config and secrets for secure, efficient deployments in enterprises.
AI tool that manages config errors and boosts DevOps productivity quickly.
Handles secret rotations and compliance to minimize breach risks effectively.
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Funding Insights of CloudTruth
CloudTruth has successfully raised a total of $7.65M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.4 million completed in November 2022. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $2.4M
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First Round
First Round
(22 Jul 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Seed - CloudTruth | Valuation | UBMB | |
| Jul, 2021 | Amount | Seed - CloudTruth | Valuation | Glasswing Ventures , Gutbrain Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CloudTruth
CloudTruth has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include York IE, Glasswing Ventures and Stage 1 Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments are made in AI and frontier technology startups by Glasswing Ventures.
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Founded Year | Domain | Location | |
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Advisory and investment services for technology companies, focusing on B2B SaaS growth.
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Founded Year | Domain | Location | |
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Early-stage US companies are invested in by Stage 1 Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CloudTruth
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CloudTruth
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cloudtruth Comparisons
Competitors of CloudTruth
CloudTruth operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pulumi, Puppet, Chef, SaltStack and Salto, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of open source Infrastructure as a code platform
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| domain | founded_year | HQ Location |
Cloud-based DevOps software is offered for IT infrastructure management.
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| domain | founded_year | HQ Location |
Infrastructure automation is provided for application servers and cloud integration.
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| domain | founded_year | HQ Location |
Cloud infrastructure orchestration and management are enabled by SaltStack platform.
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| domain | founded_year | HQ Location |
Provider of application configuration management solution
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| domain | founded_year | HQ Location |
Continuous integration and deployment for infrastructure as code are enabled.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cloudtruth
Frequently Asked Questions about CloudTruth
When was CloudTruth founded?
CloudTruth was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is CloudTruth located?
CloudTruth is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of CloudTruth?
Christian Tate is the current CEO of CloudTruth.
Is CloudTruth a funded company?
CloudTruth is a funded company, having raised a total of $7.65M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5.25M, raised on Jul 22, 2021.
How many employees does CloudTruth have?
As of Dec 31, 2024, the latest employee count at CloudTruth is 5.
What does CloudTruth do?
CloudTruth was founded in 2019 and is based in Boston, United States. Operations focus on the software configuration and secrets management sector. Services include automation for data handling, scheduled rotations, access controls, and policy enforcement. Integration with CICD pipelines is supported to ensure validated deployments. Tools for change tracking, auditing, and reporting are offered to aid compliance and system reliability.
Who are the top competitors of CloudTruth?
What products or services does CloudTruth offer?
CloudTruth offers CloudTruth Platform, Config Copilot, and Secrets Management.
Who are CloudTruth's investors?
CloudTruth has 5 investors. Key investors include York IE, Glasswing Ventures, Stage 1 Ventures, UBMB, and Gutbrain Ventures.