# Nor Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nor-labs

- Industry: Software
- Headquarters: US
- Website: www.cloudtamer.io
- Total disclosed funding: $9.5M
- Latest round: Series A (Oct 12, 2021)
- Investors on record: 5

## About

Nor Labs, Inc. is a cloud management solutions provider that optimizes resource management through automated governance, cost control, and security compliance tools for enterprises across various sectors.Founded in 2018, Nor Labs, Inc. focuses on delivering cloud management solutions. The company is headquartered in the United States and was co-founded by Ben Greenfield and Dede Dascalu. The company raised USD 9.5 mn in a Series A funding round on October 12, 2021, co-led by Blue Heron Capital and TDF Ventures, with participation from Blu Venture Investors, Early Light Ventures, and Gaingels. The total amount raised by the company to date is USD 9.5 mn. The current CEO is Brian Price.Cloudtamer.io specializes in cloud management solutions designed to streamline and optimize cloud resource management for enterprises. Their core product offerings include automated governance, cost management, and security compliance tools, enabling organizations to reduce cloud expenditures and enhance operational efficiency. Typical end users include IT departments and cloud architects within medium to large enterprises across technology, finance, and healthcare sectors, primarily serving clients in North America and Europe.Cloudtamer.io operates on a subscription-based revenue model, offering tiered pricing plans based on the size and complexity of clients' cloud environments. Revenue is generated directly from enterprise clients implementing the company's solutions for cloud automation and governance. The structure is dependent on user numbers and selected features, with key products like governance and cost management tools being integral to their offering.Following the recent Series A financing round, Nor Labs, Inc. plans to expand its sales and marketing operations, as well as enhance its engineering team to support growth. The funding will help bring improved cloud governance and management capabilities to market. Specific upcoming products and their release dates have not been disclosed, but the company aims to strengthen its presence in both North American and European markets.

## Funding rounds

- Series A, Oct 12, 2021, $9.5M — Blue Heron Capital, TDF Ventures, Blu Venture Investors, Gaingels, Early Light Ventures

## Investors

- Blue Heron Capital (https://capitalatlas.ai/funds/blue-heron-capital) — Series A
- TDF Ventures (https://capitalatlas.ai/funds/tdf-ventures) — Series A
- Blu Venture Investors (https://capitalatlas.ai/funds/blu-venture-investors) — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- Early Light Ventures (https://capitalatlas.ai/funds/early-light-ventures) — Series A