Wieden + Kennedy-backed Cloudability has pushed its total capital to $40m following a series B round led by Foundry Select Fund.
US-based cloud cost management provider Cloudability, backed by advertising firm Wieden + Kennedy, closed a $24m series B round yesterday that was led by VC firm Foundry Group through its Foundry Select Fund.
Cloudability has not named any other investors in the round.
Founded in 2011, Cloudability allows companies to manage spending on cloud-based services, such as Microsoft Azure and Amazon Web Services, across departments, products and infrastructure.
The company has obtained more than $40m to date.
Although our…
