# Newvem Insight

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/newvem-insight

- Industry: Software
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.newvem.com
- Total disclosed funding: $4M
- Latest round: Series A (May 1, 2012)
- Investors on record: 3

## About

Newvem Insight Ltd. is a cloud analytics company that provides advanced analytic tools for businesses using Amazon Web Services, enhancing cloud utilization and operational efficiency.Founded in 2010 in Tel Aviv-Yafo, Israel, Newvem Insight Ltd. specializes in cloud analytics solutions. The company has raised a total of USD 4.00 mn through its Series A funding round in September 2013, with investors including Greylock Partners, Index Ventures, and Innovation Endeavors. In September 2013, Datapipe acquired Newvem Insight Ltd. for an undisclosed sum.Newvem specializes in providing cloud analytics solutions tailored for businesses utilizing Amazon Web Services (AWS). The company’s core offerings include advanced analytic tools that deliver insights into cloud utilization, operational costs, and security states. These tools are designed to enhance visibility and control over AWS cloud environments, ensuring that organizations can optimize resource usage and manage expenses effectively. Newvem's analytics platform not only tracks cloud inventory but also provides actionable insights that are vital for businesses seeking to maximize their cloud investments. Its clientele includes a diverse range of companies across various industries, such as HasOffers, Double Verify, Conduit, ClickSoftware, LiveDefinition, and Safenet, indicating a robust client base primarily situated in North America and Europe.Newvem generates revenue through subscription-based models for its cloud analytics services, catering primarily to businesses that utilize AWS. Clients typically engage with the company to access insights through various pricing tiers that correspond to different levels of service and features. For instance, organizations may subscribe to receive detailed reports that analyze their cloud usage, operational costs, and security measures on a weekly basis. This transactional structure is indicative of a business-to-business (B2B) model, focusing on enterprises that require comprehensive cloud management solutions. The revenue is derived from tailored services that allow clients to streamline their AWS usage and achieve significant cost savings through informed decision-making.Following the acquisition in September 2013, Newvem plans to leverage its analytics capabilities to introduce new products aimed at enhancing cloud management. Specific release dates and additional product details are currently under development. The company is also exploring expansion into new geographic markets, aiming to penetrate further into Europe and Asia by 2015. The recent funding will support these initiatives, ensuring that Newvem can enhance its offerings and reach a broader client base.

## Funding rounds

- Series A, May 1, 2012, $4M — Index Ventures, Greylock Partners, Innovation Endeavors

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Series A
- Innovation Endeavors (https://capitalatlas.ai/funds/innovation-endeavors) — Series A