Microsoft Confirms Acquisition of Cloudyn
The first rumors that Microsoft was attempting to purchase the Israeli cloud cost management firm Cloudyn surfaced in April, although it has been relatively quiet on the Cloudyn front over the past few months as talks have continued over the deal. This week, Microsoft has confirmed that the deal is going through and a definitive agreement to purchase the firm has now been signed. It is not clear exactly how much Microsoft has had to...
Cloudyn Launches Two New Cloud Cost Management Services
Cloudyn, the leading provider of hybrid and multi-cloud cost management and optimization solutions, has announced it has launched a new cost optimization tool called CloudynDex and a Container Strategy for AWS. As more businesses opt for hybrid and multi-cloud deployments there has been growing demand for tools that can provide visibility into cloud usage and provide cost saving opportunities by identifying and rectifying efficiency...
Infosys Joins the Growing List of Cloudyn Investors
Infosys – India’s second largest software exporter – has announced it has invested $4 million in the cloud cost management and optimization firm Cloudyn – An Israeli firm formed in 2011 to help businesses get a better ROI on their cloud investment. Cloudyn’s software-as-a-service cloud cost optimization platform gives businesses visibility into how their cloud spend is being utilized across multiple providers and provides them...
Cloud Cost Monitoring and Management Firm Cloudyn Raises Further $11 Million in Funding
Rosh Ha’Ayin, Israel-based cloud cost management and optimization firm Cloudyn has announced it has secured a further $11 million in funding. Carmel Ventures led the latest funding round, with previous investors Titanium Investments and RDSeed also participating in the funding round. The latest funding round brings the total investment in the Israeli firm since September 2014 up to $15 million. More and more businesses starting to...
Cloud Cost Management Firm Cloudyn Raises $4 Million in Funding
The cloud cost management and optimization business is highly competitive, with several new startups offering platforms that can help businesses improve their return on their investment in the cloud. Cloudyn is one such firm that is doing particularly well, having just closed its latest round of funding with a further $4 million raised. The Israeli firm has an advantage over some of its competitors as it is already possible to use the...