Stacklet, an Arlington, VA-based leader in cloud governance and optimization as code, raised $14.5m in Series B funding.
The round, which brought total funding raised to date to $36.5m, was led by SineWave Ventures with participation from Strait Capital, Uncorrelated Ventures, Capital One Ventures, Foundation Capital, and Relentless VC.
The company intends to use the funds to accelerate product development and expand sales and marketing efforts for its cloud governance as code platform.
Led by Travis Stanfield, co-founder and CEO, Stacklet helps organizations with large cloud estates optimize cost, improve security, and ensure compliance by simplifying and automating all aspects of governance via code. Stacklet Platform is a governance as code solution that enables teams to identify and remediate cloud governance issues while establishing preventative guardrails against their recurrence. Customers include A+E Networks, Avalara, Madhive, Center for Internet Security, Blackbaud, Truist, and several fortune 500 leaders.
FinSMEs
04/06/2024