Venture firms Foundry Group, 500 Startups and Trinity Ventures join US-based advertising company Wieden + Kennedy backing the cloud cost monitoring start-up.
US-based advertising company Wieden + Kennedy has helped Cloudability, a cloud cost monitoring company, raise $8.7m.
Wieden + Kennedy was joined in the series A round by venture firm Foundry Group, which led the round, as well as venture firms 500 Startups and Trinity Ventures.
Jason Mendelson, managing director for Foundry Group, and Jason Seats, managing director of TechStars Cloud and the founder of Slicehost, have joined Cloudability’s board.
Since launching last year, Cloudability has grown to more than 15…