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Cloud cost management platform Finout raises $18.5M

TechCrunch LogoTechCrunch2 mo ago

Cloud cost management platform Finout raises $18.5M

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Finout, a cost monitoring app for cloud software and platforms, today emerged from stealth with $18.5 million — a combination of a $14 million Series A funding round led by Team8 Capital and a $4.5 million seed round led by Pitango First.

Ravhon claims that the platform has “hundreds” of users.“We consider both the pandemic and the tech slowdown an opportunity for Finout.

Ravhon sees Vantage and Cloudthread as rivals in the cloud cost monitoring space as well as incumbents like VMWare’s Cloudhealth, Harness’ Continuous Efficiency, and Apptio’s Cloudability.


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Article Details

Author / Journalist: Kyle Wiggers

Category: StartupsTechnology

Topics: R Squared Ventures Spend Jibe Ventures Funding Enterprise Startups Finout Cloud Apps Developer Pitango First ToDay Ventures Funding Cost management SaaS Cloud TC Team8 Capital

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-16, 11:00:16

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Reading Time: 5 minutes read

Article Length: 786 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 228

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