May 18, 2013 11:49 AM ET

Internet Software and Services

Company Overview of Cloudability Inc.

Company Overview

Cloudability Inc. provides cloud products that aggregate its customers’ cloud costs into reports to help manage spending, reduce waste, and identify opportunities for cost savings. The company was founded in 2011 and is based in Portland, Oregon.

818 SW 3rd Avenue

Suite 295

Portland, OR 97204-2405

United States

Founded in 2011

Phone:

503-802-0851

www.cloudability.com

Key Executives for Cloudability Inc.

Co-Founder and Chief Executive Officer
Co-Founder
Co-Founder
Advisor
Compensation as of Fiscal Year 2012.

Cloudability Inc. Key Developments

Cloudability Inc. Launches Cloud Management Offering and API

Cloudability Inc. announced the open beta launch of both its cloud management offering and API. Part of the Amazon Web Service (AWS) program, Cloudability supports cloud and application providers to give companies the ability to monitor and analyze complete cloud spend across multiple vendors. The company provides companies running cloud services with recommendations on how to increase the efficiency of their cloud-use and provide actionable insight into unnecessary overages and unused instances. In addition, the company said cloud users can access their cloud billing and usage data from providers like AWS, Rackspace and Heroku via an API, and connect that to any business, financial system or web app they choose. The company is tracking more than $10 million in cloud spend, and in its private beta identified an average of $2000 in efficiency gains per customer. By offering insights and recommendations for maximizing cloud efficiency, company makes running cloud services viable for any company, and eliminates the need to build resources in-house.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 2, 2012
--
Private Placement
June 7, 2012
--
 

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