# CloudBolt Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cloudbolt-software

- Industry: Software
- Headquarters: Rockville, US
- Website: www.cloudbolt.io
- Total disclosed funding: $40M
- Latest round: Series B (Nov 18, 2020)
- Investors on record: 2

## About

CloudBolt Software, Inc. delivers a cloud management platform that optimizes cloud resources for organizations, enhancing financial management and operational efficiency across diverse environments.Founded in 2012 and headquartered in Rockville, US, CloudBolt Software, Inc. specializes in cloud resource management. The company has raised USD 15.00 mn in Series B funding on November 18, 2020, led by Insight Partners. The total amount raised by the company stands at USD 15.00 mn. The CEO of CloudBolt is Craig Hinkley, and the company has also been associated with Jeff Kukowski.CloudBolt provides a comprehensive cloud management platform designed to optimize cloud resources across various environments, including public, private, and containerized solutions. Their core offerings focus on Cloud Financial Management and Augmented FinOps, enabling organizations to gain insights, automate processes, and control costs effectively. The platform integrates automation to reduce manual efforts in managing cloud resources and supports organizations in maximizing their return on investment (ROI) in cloud services. Key clients include renowned companies such as BeyondTrust, Home Depot, and Data#3, reflecting a diverse customer base that spans multiple industries and sectors. CloudBolt's products are particularly targeted towards markets in North America, Europe, and Australia, ensuring a broad geographical reach for their services.CloudBolt's revenue structure is centered around subscription-based models for its cloud management services, allowing clients to access the platform's features and tools tailored to their specific needs. Transactions typically involve organizations subscribing to various service tiers that include features such as cloud cost optimization, resource management, and financial governance. Clients engage with CloudBolt through B2B partnerships, where they can implement the platform to achieve operational efficiencies and financial clarity. Specific pricing plans for their services are designed to cater to varying organizational sizes and requirements, offering flexibility while integrating flagship features of their Cloud Management Platform and FinOps capabilities.CloudBolt has plans to leverage the recent Series B funding of USD 15.00 mn raised in November 2020 to enhance its product offerings and expand its market presence. The company aims to launch new products designed to improve cloud resource management and financial operations, with specific details on new features expected in the upcoming year. Additionally, CloudBolt is targeting expansion into new markets across Europe and Australia by 2023, aiming to increase its global footprint and customer base.

## Funding rounds

- Series B, Nov 18, 2020, $15M — Insight Partners
- Series A, Jun 21, 2018, $23M — Insight Partners
- Seed, Aug 24, 2015, $2M — b7 Ventures

## Investors

- b7 Ventures (https://capitalatlas.ai/funds/b7-ventures) — Seed
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A, Series B