Upbound

San Francisco, United States Founded: 2017 • Age: 9 yrs
Multi-cloud platform enables running, scaling, and optimization of cloud services.
Annual revenue - Latest available
Total funding $69.0M 2 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

About Upbound

Upbound is a company based in San Francisco (United States) founded in 2017 by Bassam Tabbara and Illya Chekrygin. It operates as a SaaS (Software-as-a-Service). Upbound has raised $69 million across 2 funding rounds from investors including Altimeter Capital, Telstra Ventures and Google Ventures. Upbound offers products and services including Upbound Crossplane 2.0. Upbound operates in a competitive market with competitors including Datadog, VMware, Nutanix, Flexera and AvePoint, among others.

  • Headquarter San Francisco, United States
  • Founders Bassam Tabbara, Illya Chekrygin
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise IT Services & Distribution
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $69 M (USD)

    in 2 rounds

  • Latest Funding Round
    $60 M (USD), Series B

    Nov 29, 2021

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Upbound

Upbound offers a comprehensive portfolio of products and services, including Upbound Crossplane 2.0.

Primary

Intelligent control plane for AI-native infrastructure operations.

People of Upbound

Headcount 50-200
Employee Profiles 28
Board Members and Advisors 6
Employee Profiles
People
Markus S.
Principal Solutions Architect
People
Andy Leighton
Principal Technical Recruiter
People
Meryssa Riley
Sr. Technical Recruiter
People
Matt Heilman
Founding UX Designer

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Funding Insights of Upbound

Upbound has successfully raised a total of $69M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $60 million completed in November 2021. 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 Rounds 2
  • Last Round Series B — $60.0M
  • First Round

    (02 May 2018)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2021 Amount Series B - Upbound Valuation Altimeter Capital
May, 2018 Amount Series A - Upbound Valuation Google Ventures

Investors in Upbound

Upbound has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Altimeter Capital, Telstra Ventures and Google Ventures.

All
Venture Fund
Investor Description Founded Year Domain Location
Long/short equity hedge fund and VC fim
Founded Year Domain Location
Venture capital firm backed by Telstra
Founded Year Domain Location
Corporate backed venture capital fund investing in multiple sectors
Founded Year Domain Location

Investments & Acquisitions by Upbound

Investments

Financial Statements - Upbound

Upbound Comparisons

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Competitors of Upbound

Upbound 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 Datadog, VMware, Nutanix, Flexera and AvePoint, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud and application performance management platform is provided.
domain founded_year HQ Location
Cloud orchestration solutions are provided for multi-cloud and device applications.
domain founded_year HQ Location
AI-powered cloud management software is delivered for enterprises.
domain founded_year HQ Location
Cloud management solutions are delivered via an online IT platform.
domain founded_year HQ Location
Cloud based platform offering data backup and recovery solutions
domain founded_year HQ Location
AI based cost management platform

Latest news on Upbound

Frequently Asked Questions about Upbound

Upbound was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Upbound is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Bassam Tabbara is the current CEO of Upbound. They have also founded this company.

Upbound is a funded company, having raised a total of $69M across 2 funding rounds to date. The company's 1st funding round was a Series A of $9M, raised on May 02, 2018.

Upbound is engaged in delivering intelligent control planes based on Kubernetes and Crossplane for infrastructure and platform teams. Solutions are designed to provision, operate, and adapt platforms for both human and AI agents. The company contributes to Crossplane and the Cloud Native Computing Foundation, targeting AI-native infrastructure operations across various technology sectors.

Upbound's top competitors include VMware, Datadog and Nutanix.

Upbound offers Upbound Crossplane 2.0.

Upbound has 4 investors. Key investors include Altimeter Capital, Telstra Ventures, Google Ventures, and Intel Capital.

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