Proactive cloud cost efficiency leader kicks off 2024 poised for further growth as the trusted partner for the world's most innovative cloud-driven companies
BOSTON, March 27, 2024 /PRNewswire/ -- CloudZero had triple-digit revenue growth in 2023, released market-leading product enhancements, bolstered its leadership team, and raised $41 million in Series B funding. The company moves into 2024 poised for continued growth as the market leader in next-generation cloud cost optimization.
Among CloudZero's 2023 highlights:
Additionally, in 2023, CloudZero augmented its go-to-market, product, and customer success teams with key leadership hires:
Phil Pergola, CEO of CloudZero, said, "It was an exceptional year. Few SaaS companies were hitting their numbers last year, much less exceeding revenue and growth targets. Our focus on taking an engineering-led approach to reducing cloud costs and improving unit economics continues to resonate in the market. It's ground zero for cloud efficiency, and we plan to lead the charge as organizations balance innovation and profitability in the years to come. Consumption of cloud-based technologies continues to grow at a rapid pace and only gets more complex as companies adopt cloud-native databases, Kubernetes, and AI. It's an honor to lead such a vibrant team in a space so ripe for innovation."
About CloudZero
CloudZero is the leader in proactive cloud cost efficiency. We enable engineers to build cost-efficient software without slowing down innovation. CloudZero's next-generation cloud cost optimization platform automates the collection, allocation, and analysis of cloud costs to uncover savings opportunities and improve unit economics. We are the only platform that enables companies to understand 100% of their operational cloud spend and take an engineering-led approach to optimizing that spend. CloudZero is used by industry leaders worldwide, such as Braze, Demandbase, Duolingo, New Relic, and Rapid7. Visit cloudzero.com to get started today.
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SOURCE CloudZero