CloudBolt Software Raises $35M in Series B Equity and Venture Debt Funding

Funding Rounds

▤ Summary

CloudBolt Software, a North Bethesda, MD-based provider of enterprise cloud management and integration solutions, raised $35M in series B equity and venture debt funding. The venture debt is issued by Hercules Capital Inc. (NYSE: HTGC) and Bridge Bank. Led by Jeff Kukowski, chief executive officer, CloudBolt Software provides enterprise class management platform and codeless integration solutions deployed in enterprises worldwide for hybrid cloud. Over the past 12 months, the company has doubles the size of its customer base and acquired Kumolus and SovLabs. With the acquisitions, CloudBolt gains two new capabilities: 1) a SaaS-based offering that enables enterprises to visualize their public cloud environments like AWS and Azure and continuously optimize them for cost, security, and compliance; and 2) a codeless integration platform, enabling IT to reduce the cost and complexity of custom coding while providing governance over their integration strategy across new and emerging toolsets like VMware vRealize Automation, HashiCorp Terraform, and more.

$ Funding

$
Amount $20.0M Total raised
□
Date November 18, 2020 Announcement date
◎
Investors CloudBolt Software Lead investors
▥
Company http://www.cloudbolt.io Funded company

▥ Classifications

industries
Fintech & Banking
applications
Web and Content Management

◇ AskAI Classifications

Labels
Cloud Management Software FinOps Software SaaS

▦ Linked Companies

Kumolus
$1M to $5M