Stacklet Receives $14.5M Series B Round
Summary
ARLINGTON, VA, Stacklet, the leader in cloud governance and optimization as code, today announced it has secured $14.5 million in Series B funding. Stacklet, co-founded by the same core creative team behind CNCFs Cloud Custodian open source project, saw 3x revenue growth in the last fiscal year fueled by recognizable names in cloud like A+E Networks, Avalara, Madhive, Center for Internet Security, Blackbaud, Truist, and several fortune 500 leaders. This new investment will accelerate product development and expand sales and marketing efforts for Stacklets cloud governance as code platform. Stacklet helps organizations with large cloud estates optimize cost, improve security, and ensure compliance by simplifying and automating all aspects of governance via code. Our company was founded by the creators and maintainers of CNCFs Cloud Custodian, an open-source project used today by thousands of well-known global brands.