# RightScale

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rightscale

- Industry: Business Support Services
- Headquarters: Santa Barbara, US
- Website: www.rightscale.com
- Total disclosed funding: $58M
- Latest round: Series E (Feb 4, 2013)
- Investors on record: 6

## About

RightScale, Inc. specializes in hybrid cloud management solutions, enabling businesses to automate their cloud resource management and enhance operational efficiency across public and private cloud environments.Founded in 2007, RightScale, Inc. is based in Santa Barbara, US, offering cloud management tools to streamline enterprise operations. In September 2018, the company was acquired by Flexera Software LLC, a portfolio company of TA Associates and Teachers' Private Capital. The company has raised a total of USD 15.60 mn across various funding rounds, with the latest being Series E. Notable investors included Benchmark and Index Ventures. The current company valuation is USD 350.41 mn.RightScale, Inc. provides Snow Commander, a hybrid cloud management automation tool designed to improve business agility and efficiency. The platform automates access to cloud resources and offers visibility into hybrid environments, supporting various sectors including education and technology, with major clients like the University of Birmingham.Snow Commander employs a subscription-based revenue model, where clients commit to annual or multi-year agreements for their cloud management services. This model allows for continuous updates and support, establishing predictable revenue streams. Various pricing tiers accommodate different organizational sizes, although specific pricing details are not publicly disclosed.Following its acquisition in September 2018, RightScale, Inc. looks to leverage its resources for product expansion and geographical growth. The company plans to introduce new products aimed at enhancing cloud management capabilities, targeting expansion in North America, Europe, and Asia-Pacific by 2023. The recent funding will support these initiatives, although detailed financial allocations have not been disclosed.

## Funding rounds

- Series E, Feb 4, 2013, $16M — Benchmark, Index Ventures
- Series D, Sep 22, 2010, $25M — Benchmark, Index Ventures, DAG Ventures, Presidio, Tenaya Capital, Duff Ackerman & Goodrich Private Equity
- Series C, Nov 25, 2008, $13M — Benchmark, Index Ventures
- Series B, Apr 16, 2008, $4.5M — Benchmark

## Investors

- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series B, Series C, Series D, Series E
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series C, Series D, Series E
- DAG Ventures (https://capitalatlas.ai/funds/dag-ventures) — Series D
- Presidio (https://capitalatlas.ai/funds/presidio) — Series D
- Tenaya Capital (https://capitalatlas.ai/funds/tenaya-capital) — Series D
- Duff Ackerman & Goodrich Private Equity (https://capitalatlas.ai/funds/duff-ackerman-goodrich-private-equity) — Series D