MontyCloud raises $2.85 million for its cloud management platform

INSUBCONTINENT EXCLUSIVE:
For enterprises that want to move to the cloud, that actual move is often hard enough, but in the long run, being able to manage the life
cycle of their cloud deployments is just as important
MontyCloud, which focuses on these kinds of Day-2 operations, today announced that it has raised a $2.85 million seed round led by Madrona
Venture Group, which also included investments from Lytical Ventures and Bob Hammer, former CEO of Commvault.In addition to the funding, the
company today announced the launch of its multi-cloud management platform in the AWS marketplace, which, among other things, uses some
Currently, the service focuses on AWS and will soon add support for Azure and other platforms as well.The company was co-founded by its CEO
Venkat Krishnamachari, whose experience includes opening new Azure data center regions for Microsoft, as well as time at AWS and Commvault
Krishnamachari tells me that the co-founders first bootstrapped the service themselves, up to the point where they had their first paying
customers
Currently, the company has about 15 employees in India, in addition to a smaller core team in Seattle.MontyCloud CEO Venkat
Krishnamachari said
With the proliferation of cloud accounts and policies around them, the large cloud platforms are getting harder to operate for many
companies, all while they are also trying to move to a DevOps model and move faster
To help them, MontyCloud ties all of the accounts together and exposes them in the context of the applications that run on them
All of this, of course, also generates plenty of telemetry, which the company can then use to help these customers monitor their deployments
new funding, the team plans to build out its technology and onboard more of the customers that it currently has in its pipeline
It also plans to expand its AI ops stack.As Madrona venture partner Ted Kummert told me, he decided to invest in the company because of the
team, which has some obvious experience in this area, but also because he sees the pain point MontyCloud is trying to address