MontyCloud Inc., a Seattle, WA-based multi-cloud management & governance SaaS company, raised $2.85m in seed funding.
The round was led by Madrona Venture Group, with participation from Lytical Ventures and Bob Hammer (Hammer Ventures).
The company intends to use the funds to launch its new solution.
Formed by cloud veterans Venkat Krishnamachari, Kannan Parthasarathy and Venkat Hari, MontyCloud provides an AI-driven SaaS platform that simplifies management and governance of modern cloud infrastructure, applications and services. The system deeply integrates with the native capabilities of the most popular cloud platforms, providing policy-driven, application-centric and consistent management across all of a customer’s cloud environments.
MontyCloud supports Amazon Web Services (AWS) and will soon add support for Microsoft Azure and other cloud platforms. It is now available as a public preview on the AWS Marketplace.
The company has offices in Seattle, WA and Bangalore, India.