# Ubicloud

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.ubicloud.com/
- Total disclosed funding: $16M
- Latest round: Seed (May 23, 2024)
- Investors on record: 4

## About

Founded in 2023 and based in California, US, Ubicloud Inc. operates as a cloud service provider as an alternative to traditional public cloud providers like AWS, Azure, and Google Cloud. Ozgun Erdogan (co-CEO), Umur Cubukcu, and Daniel Farina are the co-founders of the company. In January 2024, Ubicloud B.V. raised USD 16 million in seed funding from Y Combinator, ScaleX, and 500 Emerging Europe. The company also has an office in the Netherlands. Some of Ubicloud’s clients include Honeydew, Lantern, Resmo, Windmill, PeerDB, DryMerge, Arroyo, Omnistrate, and others.

The company's core offerings are its cloud services, which leverage bare metal providers like Hetzner, OVH, and AWS Bare Metal. The firm allows users to have the option to either set up their cloud environment independently or utilize iCloud’s managed service for integration and support. Ubicloud's product suite encompasses a range of solutions, from GitHub Actions Integration to Ubicloud PostgreSQL and Ubicloud Compute. Each offering is designed to deliver performance, cost efficiency, and portability. The company’s key features include elastic compute for provisioning and managing isolated VMs on bare metal, virtual networking with support for public and private networking and encryption, block storage with encryption at rest, and attribute-based access control (ABAC) for access control.

The startup generates revenue through a variety of services, including GitHub Actions at USD 0.0008/min and Managed PostgreSQL at USD 65/month.

The organization plans to use January 2024 to develop its technology and extend its services.

## Funding rounds

- Seed, May 23, 2024 — Pioneer Fund
- Seed, Jan 1, 2024, $16M — Y Combinator, ScaleX, 500 Emerging Europe

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- ScaleX (https://capitalatlas.ai/funds/scalex) — Seed
- 500 Emerging Europe — Seed
- Pioneer Fund (https://capitalatlas.ai/funds/pioneer-fund) — Seed