Stacklet raises $14.5M to enhance cloud governance-as-code platform
Summary
It does so by simplifying and automating all aspects of governance through code.The Stacklet Platform is based on Cloud Custodian but goes further in providing a smoother experience for users, the company says, with value-added tools, allowing teams to codify and automate cloud governance and align with application development cycles via a standard, easy-to-use declarative language.The platform has come into its own as artificial intelligence has taken off, driving a surge in cloud spending. The company claims that organizations using its service have reduced cloud expenses by up to 50% in just 90 days while also minimizing compliance and security risks.As organizations strive to scale and optimize their cloud environments in uncertain times while continuing to innovate with new technologies, the need for streamlined and automated governance becomes increasingly apparent, said co-founder and Chief Executive Travis Stanfield.With AI booming, so too have Stacklets numbers, with the company seeing three-times revenue growth in its most recent fiscal year, though it didnt reveal specifics. Including the new round, Stacklet has raised $36.5 million to date.Co-founder and Chief Technology Officer Kapil Thangavelu and Director of Marketing Umair Khan spoke with theCUBE, SiliconANGLE Media Inc.s livestreaming studio in 2022, when they discussed why compliance in code is necessary:Your vote of support is important to us and it helps us keep the content FREE. One click below supports our mission to provide free, deep, and relevant content. You guys really are a part of our events and we really appreciate you coming and I know people appreciate the content you create as well Andy Jassy
Funding
Review available funding amount, funding date, investors, and linked company information related to Stacklet raises $14.5M to enhance cloud governance-as-code platform in the interactive ISVWorld profile.